Bill > SB844

This bill authorizes health insurance carriers in the Commonwealth to offer short-term health plans, which are defined as plans with a duration of 364 days or less. These short-term plans are required to include a specific disclaimer informing consumers that the plan is not comprehensive health insurance and may have limitations on coverage. The bill also specifies that the short-term plans are exempt from certain provisions of the state's insurance code, including mandated health insurance benefits, but must offer those benefits as optional coverage. Finally, the bill is contingent on the adoption of federal regulations expanding the availability of short-term, limited-duration insurance.

Budget and Finance, Business and Industry

http://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+SB844