SB732
Virginia Health Benefit Exchange; created.
Summary
As Passed Both Chambers. Virginia Health Benefit Exchange.
Creates the Virginia Health Benefit Exchange, which will be established and operated by a new division within the State Corporation Commission (SCC). The Exchange shall facilitate the purchase and sale of qualified health plans and qualified dental plans to qualified individuals and qualified employers. The Exchange shall make qualified plans ... (More) available to qualified individuals and qualified employers by July 1, 2023, unless the SCC postpones this date. The measure authorizes the SCC to review and approve accident and sickness insurance premium rates applicable to health benefit plans in the individual and small group markets and health benefit plans providing health insurance coverage in the individual market through certain non-employer group plans. The Exchange will be funded by an assessment on health insurers, which is limited to three percent of total monthly premiums, except the SCC may, after a public hearing, adjust the rate as necessary to ensure the Exchange is fully funded. A health plan will not be required to cover any state-mandated health benefit if federal law does not require it to be covered as part of the essential benefits package. The essential health benefits are items and services included in the benchmark health insurance plan, which is the largest plan in the largest product in the Commonwealth's small group market as supplemented in order to provide coverage for the items and services within the statutory essential health benefits categories. The SCC may contract with other eligible entities and enter into memoranda of understanding with other agencies of the Commonwealth to carry out any of the functions of the Exchange, including agreements with other states or federal agencies to perform joint administrative functions. Such contracts are not subject to the Virginia Public Procurement Act (§ 2.2-4300 et seq.). The measure repeals a provision enacted in 2013 that prohibits an agent, employee, officer, or agency of the Commonwealth from taking any action to establish a health benefit exchange. (Less)-
Bill History
- 01/07/2020 - Senate: Prefiled and ordered printed; offered 01/08/20 20105262D
- 01/07/2020 - Senate: Referred to Committee on Commerce and Labor
- 01/15/2020 - Senate: Assigned C&L sub: Health Insurance
- 01/16/2020 - Senate: Impact statement from SCC (SB732)
- 01/27/2020 - Senate: Reported from Commerce and Labor with substitute (12-Y 3-N)
- 01/27/2020 - Senate: Incorporates SB226 (Edwards)
- 01/27/2020 - Senate: Incorporates SB598 (Hanger)
- 01/27/2020 - Senate: Committee substitute printed 20106587D-S1
- 01/27/2020 - Senate: Rereferred to Finance and Appropriations
- 02/04/2020 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N 1-A)
- 02/04/2020 - Senate: Committee substitute printed 20107470D-S2
- 02/05/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/06/2020 - Senate: Read second time
- 02/06/2020 - Senate: Passed by temporarily
- 02/06/2020 - Senate: Committee substitute rejected 20106587D-S1
- 02/06/2020 - Senate: Reading of substitute waived
- 02/06/2020 - Senate: Committee substitute agreed to 20107470D-S2
- 02/06/2020 - Senate: Engrossed by Senate - committee substitute SB732S2
- 02/07/2020 - Senate: Read third time and passed Senate (29-Y 10-N)
- 02/10/2020 - Senate: Impact statement from DPB (SB732S2)
- 02/13/2020 - Senate: Impact statement from SCC (SB732S1)
- 02/13/2020 - Senate: Impact statement from SCC (SB732S2)
- 02/18/2020 - House: Placed on Calendar
- 02/18/2020 - House: Read first time
- 02/18/2020 - House: Referred to Committee on Labor and Commerce
- 02/18/2020 - House: Reported from Labor and Commerce with substitute (12-Y 9-N)
- 02/18/2020 - House: Committee substitute printed 20108554D-H1
- 02/18/2020 - House: Referred to Committee on Appropriations
- 02/21/2020 - House: Reported from Appropriations with substitute (14-Y 8-N)
- 02/21/2020 - House: Committee substitute printed 20108786D-H2
- 02/25/2020 - House: Read second time
- 02/26/2020 - House: Floor substitute printed 20109134D-H3 (Sickles)
- 02/26/2020 - Senate: Impact statement from SCC (SB732H1)
- 02/26/2020 - House: House committee, floor amendments and substitutes offered
- 02/26/2020 - House: Read third time
- 02/26/2020 - House: Committee on Labor and Commerce substitute rejected 20108554D-H1
- 02/26/2020 - House: Committee on Appropriations substitute rejected 20108786D-H2
- 02/26/2020 - House: Substitute by Delegate Sickles agreed to 20109134D-H3
- 02/26/2020 - House: Engrossed by House - floor substitute SB732H3
- 02/26/2020 - House: Passed House with substitute (56-Y 44-N)
- 02/26/2020 - House: VOTE: Passage (56-Y 44-N) Close Floor Vote
- 02/26/2020 - Senate: House substitute agreed to by Senate (23-Y 17-N) Close Floor Vote
- 02/26/2020 - Senate: Title replaced 20109134D-H3
- 03/04/2020 - Senate: Enrolled
- 03/04/2020 - Senate: Bill text as passed Senate and House (SB732ER)
- 03/05/2020 - Senate: Impact statement from SCC (SB732H2)
- 03/05/2020 - Senate: Impact statement from SCC (SB732H3)
- 03/05/2020 - Senate: Signed by President
- 03/06/2020 - House: Signed by Speaker
- 03/08/2020 - Senate: Impact statement from SCC (SB732ER)
- 03/12/2020 - Senate: Enrolled Bill Communicated to Governor on March 12, 2020
- 03/12/2020 - Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 04/09/2020 - Governor: Approved by Governor-Chapter 917 (effective 7/1/20)
- 04/09/2020 - Governor: Acts of Assembly Chapter text (CHAP0917)
