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VA SB1047

VA SB1047
Health insurance; narrow network plans.


summary

Introduced
01/17/2020
In Committee
02/14/2020
Crossed Over
02/11/2020
Passed
Dead
03/12/2020

Introduced Session

2020 Regular Session

Bill Summary

Health insurance; narrow network plans. Prohibits a health carrier from offering more than one narrow network plan, as defined in the bill, in a geographic region if any two narrow network plans offered by the health carrier would have the two lowest monthly premiums of any silver-level plans offered by the health carrier in the geographic region.

AI Summary

This bill prohibits health insurance carriers from offering more than one "narrow network plan" in a geographic region if any two of the carrier's narrow network plans would have the two lowest monthly premiums of any silver-level plans offered by the carrier in that region. A "narrow network plan" is defined as a silver-level plan offered on the health insurance exchange that includes fewer than 20% of the health care providers in the geographic region as in-network providers.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Left in Labor and Commerce (on 03/03/2020)

bill text


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