Virginia SB 195: Group health benefit plans; sponsoring associations, formation of benefits consortium, definitions.
Status: Approved by Governor-Chapter 405 (effective 7/1/22) (as of 2022-04-11)
State: Virginia · Session: 2022 · Bill: SB 195
Sponsors: T. Montgomery "Monty" Mason, Amanda F. Chase, David R. Suetterlein, Frank M. Ruff, Jr., Jennifer A. Kiggans, Mark J. Peake, Siobhan S. Dunnavant
Bill Text
Bill Tracking - 2022 session > Legislation • • • Virginia General Assembly • LIS Home • LIS Help • Privacy Statement • Live Help • LIS Classic • Login SEARCH SITE QUICK LINKS - - - - - - - - - - - - - - Log in LIS Home General Assembly Home - - - - - - - - - - - - - - Session Tracking: Bills & Resolutions Members Committees Meetings Calendars Communications House Minutes Senate Minutes Statistics Lobbyist-in-a-Box Personal lists - - - - - - - - - - - - - - Search: Code of Virginia Administrative Code Bills & Resolutions Summaries OTHER SESSIONS - - - - - - - - - - - - - - 2024 Session 2024 Special Session I 2023 Session 2023 Special Session I 2022 Session 2022 Special Session I 2021 Session 2021 Special Session I 2021 Special Session II 2020 Session 2020 Special Session I 2019 Session 2019 Special Session I 2018 Session 2018 Special Session I 2018 Special Session II 2017 Session 2016 Session 2015 Session 2015 Special Session I 2014 Session 2014 Special Session I 2013 Session 2013 Special Session I 2012 Session 2012 Special Session I 2011 Session 2011 Special Session I 2010 Session 2009 Session 2009 Special Session I 2008 Session 2008 Special Session I 2008 Special Session II 2007 Session 2006 Session 2006 Special Session I 2005 Session 2004 Session 2004 Special Session I 2004 Special Session II 2003 Session 2002 Session 2001 Session 2001 Special Session I 2000 Session 1999 Session 1998 Session 1998 Special Session I 1997 Session 1996 Session 1995 Session 1994 Session 1994 Special Session I 1994 Special Session II VIRGINIA LAW PORTAL • Code of Virginia • Virginia Administrative Code • Constitution of Virginia • Charters • Authorities • Compacts • Uncodified Acts • RIS Users (account required) SEARCHABLE DATABASES • Bills & Resolutions session legislation • Bill Summaries session summaries • Reports to the General Assembly House and Senate documents • Legislative Liaisons State agency contactsACROSS SESSIONS • Subject Index: Since 1995 • Bills & Resolutions: Since 1994 • Summaries: Since 1994 Developed and maintained by the Division of Legislative Automated Systems. 2022 SESSION • history | pdf | print version CHAPTER 405 An Act to amend and reenact �� 38.2-3420 and 38.2-3431 of the Code of Virginia and to amend the Code of Virginia by adding in Title 59.1 a chapter numbered 55, consisting of sections numbered 59.1-589 through 59.1-592, relating to group health benefit plans; sponsoring associations; formation of benefits consortium. [S 195] Approved April 11, 2022 Be it enacted by the General Assembly of Virginia: 1. That �� 38.2-3420 and 38.2-3431 of the Code of Virginia are amended and reenacted and that the Code of Virginia is amended by adding in Title 59.1 a chapter numbered 55, consisting of sections numbered 59.1-589 through 59.1-592, as follows: � 38.2-3420. Authority and jurisdiction of Commission; exception. A. Except as provided in subsection B C, any person offering or providing coverage in the Commonwealth for health care services, whether the coverage is by direct payment, reimbursement, or otherwise, shall be presumed to be subject to the jurisdiction of the Commission to the extent the person is not regulated by another agency of the Commonwealth, any subdivision of the Commonwealth, or the federal government relating to the offering or providing of coverage for health care services. B. As used in this subsection: "Health benefit plan" has the same meaning as described in � 38.2-3431. "Self-funded multiple employer welfare arrangement" or "self-funded MEWA" means any multiple employer welfare arrangement that is not fully insured by a licensed insurance company. This term includes a benefit consortium established under Chapter 55 (� 59.1-589 et seq.) of Title 59.1. 1. No self-funded multiple employer welfare arrangement shall issue health benefit plans in the Commonwealth until it has obtained a license pursuant to regulations promulgated by the Commission. No provision of this subsection shall authorize a self-funded MEWA domiciled outside of the Commonwealth to operate in the Commonwealth without obtaining a license pursuant to the regulations promulgated by the Commission. 2. Notwithstanding any other section of this title or Chapter 55 (� 59.1-589 et seq.) of Title 59.1 to the contrary, all financial and solvency requirements imposed by provisions of this title upon domestic insurers shall apply to domestic self-funded MEWAs unless domestic self-funded MEWAs are otherwise specifically exempted. For the purposes of handling the rehabilitation, liquidation, or conservation of a domestic self-funded MEWA, the provisions of Chapter 15 (� 38.2-1500 et seq.) shall apply. 3. Notwithstanding any other section of this title or Chapter 55 (� 59.1-589 et seq.) of Title 59.1 to the contrary, any health benefit plan issued by a self-funded MEWA
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