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SB774

Essential health benefits benchmark plan review; members of stakeholder work group.

Status:
Enacted

Chief Patron:
Scott Surovell (D)

Session:
2025 Regular Session

Summary

As Introduced. Essential health benefits benchmark plan review; stakeholder work group.

Requires that the stakeholder work group convened by the Bureau of Insurance of the State Corporation Commission for the essential health benefits benchmark plan review consist of members who possess demonstrated and acknowledged expertise in health benefit plan design, actuarial science, population health, patient advocacy, or advocating for or assisting enrollees in individual or small group health coverage. The bill requires the work group to consider factors including (i) coverage denial rates of benefits that are not covered under the current benchmark plan; (ii) the utilization of mandated benefits; (iii) the projected impact of a proposed mandate on the prevalence of medical need, the urgency of such medical need, and any disproportionate disease burden borne by different subpopulations; (iv) the projected cost of each proposed mandate; and (v) other data as determined by the work group. This bill is a recommendation of the Health Insurance Reform Commission. (Less)
  • Bill History

  • 12/24/2024 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25101593D
  • 12/24/2024 - Senate: Referred to Committee on Rules
  • 01/10/2025 - Senate: Fiscal Impact Statement from State Corporation Commission (SB774)
  • 01/17/2025 - Senate: Reported from Rules (15-Y 0-N)
  • 01/20/2025 - Senate: Rules suspended
  • 01/20/2025 - Senate: Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
  • 01/20/2025 - Senate: Passed by for the day
  • 01/21/2025 - Senate: Read second time and engrossed
  • 01/22/2025 - Senate: Read third time and passed Senate (40-Y 0-N)
  • 02/04/2025 - House: Placed on Calendar
  • 02/04/2025 - House: Read first time
  • 02/04/2025 - House: Referred to Committee on Labor and Commerce
  • 02/04/2025 - House: Assigned L & C sub: Subcommittee #1
  • 02/10/2025 - House: Placed on Labor and Commerce Agenda
  • 02/11/2025 - House: Subcommittee recommends reporting (7-Y 0-N)
  • 02/12/2025 - House: Placed on Labor and Commerce Agenda
  • 02/13/2025 - House: Reported from Labor and Commerce (22-Y 0-N)
  • 02/17/2025 - House: Read second time
  • 02/18/2025 - House: Read third time
  • 02/18/2025 - House: Passed House (97-Y 0-N)
  • 02/20/2025 - Senate: Enrolled
  • 02/20/2025 - Senate: Bill text as passed Senate and House (SB774ER)
  • 02/20/2025 - House: Signed by Speaker
  • 02/23/2025 - Senate: Signed by President
  • 03/05/2025 - Senate: Enrolled Bill Communicated to Governor on March 5, 2025
  • 03/05/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
  • 03/20/2025 - Senate: Fiscal Impact Statement from State Corporation Commission (SB774)
  • 03/21/2025 - Approved by Governor-Chapter 351 (Effective 07/01/25)
  • 03/21/2025 - Acts of Assembly Chapter text (CHAP0351)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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