Bill > SB235

This bill provides that for policies of group accident and sickness insurance issued to an association, members of such an association may include (i) a self-employed individual and (ii) an employer member with at least one employee that is domiciled in the Commonwealth. The bill also provides that for such policies issued to an association that covers at least 51 members and employees of employer members of such association on the first day of the plan year, the policies shall be considered a large group market plan and are required to meet various provisions in the bill, including coverage mandates, preexisting condition prohibitions, and premium rating requirements. The Commissioner of Insurance is also required to initiate proceedings to apply for a state innovation waiver to implement these provisions upon the issuance of a final judicial order invalidating certain U.S. Department of Labor rules.

Business and Industry, Health and Social Services

https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB235&201+sum+SB235