Bill > HB5145

This bill establishes the "West Virginia Portable Insurance Benefit Plan" to provide voluntary portable insurance plans for residents, aiming to create a uniform partnership between hiring parties and independent contractors. The plan will be administered by a Director and overseen by a Finance Board, with contributions from hiring parties being voluntary and not used to determine employment classification. The bill defines key terms like "hiring party" and "independent contractor," and outlines the structure and responsibilities of the West Virginia Portable Insurance Benefit Plan, including its Finance Board, which will be composed of representatives from various stakeholder groups and will be responsible for financial planning and oversight. The Director is empowered to execute contracts for insurance coverage, negotiate with providers, and manage the day-to-day operations of the plan, with a focus on improving quality, managing costs, and developing innovative benefit designs. The bill also details provisions for retiree participation, coverage for surviving spouses and dependents, and optional plans such as dental, optical, and disability insurance, all while ensuring compliance with federal tax laws and establishing penalties for misrepresentation and fraud.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=5145&year=2026&sessiontype=RS&btype=bill