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VA SB535

VA SB535
Nursing homes and certified nursing facilities; required liability insurance coverage.

summary

Introduced
01/13/2026
In Committee
02/24/2026
Crossed Over
03/03/2026
Passed
Dead

Introduced Session

Potential new amendment
2026 Regular Regular Session

Bill Summary

Nursing homes and certified nursing facilities; required liability insurance coverage. Directs the Board of Health to require purchasers of licensed nursing homes or certified nursing facilities with claims-made policies of liability insurance coverage to purchase coverage with dates that begin two years prior to the date the existing owner's policies end.

AI Summary

This bill requires that if a nursing home or certified nursing facility uses a "claims-made" insurance policy, which covers claims made during the policy period, to meet its minimum liability insurance coverage requirements, that policy must include an extended reporting period of at least two years. This provision aims to ensure that patients or individuals injured by the facility's negligence have a sufficient timeframe to file a claim even after the policy has expired.

Committee Categories

Education, Health and Social Services

Sponsors (1)

Last Action

House amendment agreed to by Senate (40-Y 0-N 0-A) (on 03/03/2026)

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Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB535
House Amendment https://lis.virginia.gov/bill-details/20261/SB535/text/SB535EDOC
Health and Human Services Amendment https://lis.virginia.gov/bill-details/20261/SB535/text/SB535AH1
Health and Human Services Amendment https://lis.virginia.gov/bill-details/20261/SB535/text/SB535AHC1
Health Professions Subcommittee Amendment https://lis.virginia.gov/bill-details/20261/SB535/text/SB535AHC2
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB535) https://lis.blob.core.windows.net/files/1142211.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB535/text/SB535E
Education and Health Amendment https://lis.virginia.gov/bill-details/20261/SB535/text/SB535AS1
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB535) https://lis.blob.core.windows.net/files/1105801.PDF
Education and Health Amendment https://lis.virginia.gov/bill-details/20261/SB535/text/SB535ASC1
BillText https://lis.virginia.gov/bill-details/20261/SB535/text/SB535
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