HB 2345

  • Virginia House Bill
  • 2019 Regular Session
  • Introduced in House Jan 08, 2019
  • Passed House Jan 28, 2019
  • Senate
  • Signed by Governor Mar 19, 2019

Individual and certain group health benefit plans; rates for plans, minimum loss ratios.

Bill Subjects

Insurance

Abstract

Codifies certain provisions that currently are set out in regulations adopted by the State Corporation Commission pertaining to the establishment of minimum loss ratios to assure that the benefits provided by accident and sickness insurance policies are or are likely to be reasonable in relation to the premiums charged. The measure authorizes the Commission, upon finding that a premium rate filed will not meet the originally filed and approved loss ratio, to require appropriate rate adjustments, premium refunds, or premium credits as necessary for the coverage to conform with established minimum loss ratio standards.

Bill Sponsors (1)

Votes


Actions


Mar 19, 2019

Office of the Governor

Approved by Governor-Chapter 607 (effective 7/1/19)

Feb 21, 2019

Office of the Governor

Governor's Action Deadline Midnight, March 26, 2019

House

Enrolled Bill communicated to Governor on February 21, 2019

Feb 20, 2019

Senate

Signed by President

Feb 19, 2019

House

Signed by Speaker

House

Enrolled

Feb 14, 2019

Senate

Read third time

Jan 29, 2019

Senate

Constitutional reading dispensed

Senate

Referred to Committee on Commerce and Labor

Jan 28, 2019

House

Read third time and passed House BLOCK VOTE (99-Y 0-N)

Jan 25, 2019

House

Engrossed by House - committee substitute HB2345H1

House

Committee substitute agreed to 19105334D-H1

House

Read second time

Jan 24, 2019

House

Read first time

Jan 15, 2019

House

Assigned C & L sub: Subcommittee #1

Jan 08, 2019

House

Prefiled and ordered printed; offered 01/09/19 19102654D

House

Referred to Committee on Commerce and Labor

Bill Text

Bill Text Versions Format
House subcommittee amendments and substitutes adopted HTML
House: Prefiled and ordered printed; offered 01/09/19 19102654D HTML
House: Committee substitute printed 19105334D-H1 HTML
House: Bill text as passed House and Senate (HB2345ER) HTML
Governor: Acts of Assembly Chapter text (CHAP0607) HTML

Related Documents

Document Format
No related documents.

Sources

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