Commonwealth Health Reinsurance Program; federal risk adjustment program. (SB338)
Introduced By
Sen. George Barker (D-Alexandria)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Commonwealth Health Reinsurance Program; federal risk adjustment program. Eliminates the requirement that the State Corporation Commission consider transfers made under the federal risk adjustment program to eliminate double reimbursement for high-cost cases as a factor when establishing payment parameters for the benefit year under the Commonwealth Health Reinsurance Program. The bill also eliminates the requirement that the Commission factor in transfers received for an enrolled individual under the federal risk adjustment program when calculating each reinsurance payment based on an eligible carrier's incurred claims costs for a covered person's covered benefits in the applicable benefit year. This bill is identical to HB 842. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/11/2022 | Prefiled and ordered printed; offered 01/12/22 22101343D |
01/11/2022 | Referred to Committee on Commerce and Labor |
01/19/2022 | Impact statement from SCC (SB338) |
02/07/2022 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
02/08/2022 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/09/2022 | Read second time and engrossed |
02/10/2022 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/21/2022 | Placed on Calendar |
02/21/2022 | Read first time |
02/21/2022 | Referred to Committee on Commerce and Energy |
03/03/2022 | Reported from Commerce and Energy (22-Y 0-N) (see vote tally) |
03/07/2022 | Read second time |
03/08/2022 | Read third time |
03/08/2022 | Passed House BLOCK VOTE (98-Y 0-N) |
03/08/2022 | VOTE: Block Vote Passage (98-Y 0-N) (see vote tally) |
03/10/2022 | Enrolled |
03/10/2022 | Bill text as passed Senate and House (SB338ER) |
03/10/2022 | Impact statement from SCC (SB338ER) |
03/10/2022 | Signed by President |
03/10/2022 | Signed by Speaker |
03/22/2022 | Enrolled Bill Communicated to Governor on March 22, 2022 |
03/22/2022 | G Governor's Action Deadline 11:59 p.m., April 11, 2022 |
04/11/2022 | G Approved by Governor-Chapter 547 (effective 7/1/22) |
04/11/2022 | G Acts of Assembly Chapter text (CHAP0547) |