Bill
Bill > SB404
VA SB404
VA SB404Health insurance; short-term limited-duration medical plans, definitions, effective date.
summary
Introduced
01/07/2020
01/07/2020
In Committee
02/18/2020
02/18/2020
Crossed Over
02/21/2020
02/21/2020
Passed
03/18/2020
03/18/2020
Dead
Signed/Enacted/Adopted
04/10/2020
04/10/2020
Introduced Session
2020 Regular Session
Bill Summary
Health insurance; short-term limited-duration medical plans. Prohibits carriers from issuing in the Commonwealth, on or after July 1, 2021, any short-term limited-duration medical plan with a duration that exceeds three months or that can be renewed or extended beyond six months, or if the plan's issuance would result in a covered person being covered by a short-term limited-duration medical plan for more than six months in any 12-month period. The bill prohibits a carrier from issuing a short-term limited-duration medical plan during an annual open enrollment period. The bill has a delayed effective date of July 1, 2021.
AI Summary
This bill prohibits carriers in Virginia from issuing, delivering, or renewing short-term limited-duration medical plans that exceed three months in duration or that would result in a covered person being covered by such a plan for more than six months in a 12-month period. The bill also prohibits carriers from issuing these plans during annual open enrollment periods. The key provisions of the bill, which defines "short-term limited-duration medical plan" and "carrier," take effect on July 1, 2021.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Governor: Acts of Assembly Chapter text (CHAP1077) (on 04/10/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...