HB327
Commonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium.
Status:
Passed
Latest Action:
March 10, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Chief Patron:
Rip Sullivan (D)
Session:
2026 Regular Session
Summary
As Passed House of Origin. 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, ... (More) 2028. Additionally, the bill removes the 20 percent upper limit of the premium reduction goal under the Commonwealth Health Reinsurance Program. As introduced, this bill was 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
- 02/23/2026 - Senate: Reported from Commerce and Labor (15-Y 0-N)
- 02/25/2026 - Senate: Rules suspended
- 02/25/2026 - Senate: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- 02/25/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 02/26/2026 - Senate: Read third time
- 02/26/2026 - Senate: Passed Senate (40-Y 0-N 0-A)
- 03/02/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB327)
- 03/03/2026 - House: Enrolled
- 03/03/2026 - House: Bill text as passed House and Senate (HB327ER)
- 03/03/2026 - House: Signed by Speaker
- 03/03/2026 - Senate: Signed by President
- 03/05/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB327)
- 03/10/2026 - House: Enrolled Bill communicated to Governor on March 10, 2026
- 03/10/2026 - Governor's Action Deadline 11:59 p.m., April 13, 2026