Bill
Bill > SB6
summary
Introduced
02/12/2025
02/12/2025
In Committee
03/20/2025
03/20/2025
Crossed Over
Passed
Dead
04/12/2025
04/12/2025
Introduced Session
2025 Regular Session
Bill Summary
A BILL to amend the Code of West Virginia, 1931, as amended, by adding a new section, designated §9-3-7, relating to exempting cash value or death benefit of a life insurance policy from Medicaid eligibility calculations.
AI Summary
This bill proposes to modify West Virginia's Medicaid eligibility rules by exempting the first $25,000 of a life insurance policy's cash value or death benefit from being counted when determining whether an individual qualifies for Medicaid. Currently, the total value of a person's assets can disqualify them from receiving Medicaid, a government health insurance program for low-income individuals. By creating this exemption, the bill would allow individuals to maintain a life insurance policy with up to $25,000 in value without risking their Medicaid eligibility. This change could provide financial protection and peace of mind for individuals who want to maintain life insurance coverage while still being able to access Medicaid benefits, potentially helping lower-income residents preserve some financial resources for their families.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (11)
Mike Oliverio (R)*,
Jason Barrett (R),
Charles Clements (R),
Joseph Garcia (D),
Bill Hamilton (R),
Robert Morris (R),
Rupie Phillips (R),
Ben Queen (R),
Rollan Roberts (R),
Patricia Rucker (R),
Jack Woodrum (R),
Last Action
To Health and Human Resources (on 03/20/2025)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=6&year=2025&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb6%20sub1.htm&yr=2025&sesstype=RS&i=6 |
| Fiscal Note - Human Services, WV Department of | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=925726834 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb6%20intr.htm&yr=2025&sesstype=RS&i=6 |
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