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HB327

Commonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium.

Status:
In Senate

Latest Action: Feb. 5, 2026
Senate: Referred to Committee on Commerce and Labor

Chief Patron:
Rip Sullivan (D)

Session:
2026 Regular Session

Summary

As Introduced. Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium.

Directs the State Corporation Commission to apply to the appropriate federal agencies under the federal Patient Protection and Affordable Care Act for an extension of the existing State Innovation Waiver authorizing the Commonwealth to implement a reinsurance program. The existing State Innovation Waiver is set to expire on January 1, 2028. Additionally, the bill removes the 20 percent upper limit of the premium reduction goal under the Commonwealth Health Reinsurance Program. This bill is a recommendation of the Health Insurance Reform Commission. (Less)
  • Bill History

  • 01/11/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26102839D
  • 01/11/2026 - House: Referred to Committee on Labor and Commerce
  • 01/19/2026 - House: Assigned HCL sub: Subcommittee #1
  • 01/23/2026 - House: Placed on Labor and Commerce Agenda
  • 01/27/2026 - House: House subcommittee offered
  • 01/27/2026 - House: Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
  • 01/28/2026 - House: Placed on Labor and Commerce Agenda
  • 01/29/2026 - House: Reported from Labor and Commerce with amendment(s) (22-Y 0-N)
  • 02/01/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB327)
  • 02/02/2026 - House: Read first time
  • 02/03/2026 - House: Read second time
  • 02/03/2026 - House: committee amendments agreed to
  • 02/03/2026 - House: Engrossed by House as amended
  • 02/04/2026 - House: Read third time and passed House (97-Y 1-N 0-A)
  • 02/04/2026 - House: Reconsideration of passage agreed to by House
  • 02/04/2026 - House: Passed House (98-Y 0-N 0-A)
  • 02/05/2026 - Senate: Constitutional reading dispensed (on 1st reading)
  • 02/05/2026 - Senate: Referred to Committee on Commerce and Labor

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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