Virginia House Bill 445 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2024 - 25% progression
Action: 2024-01-25 - Stricken from docket by Labor and Commerce (18-Y 1-N)
Text: Latest bill text (Prefiled) [HTML]

Health insurance; dental plans; approval of rates and medical loss ratio. Requires the State Corporation Commission to review and approve premium rates applicable to dental plans issued in the Commonwealth. Under the bill, benefits are deemed to be reasonable in relation to premiums, provided that the medical loss ratio of the policy form, including riders and endorsements, is at least as great as 85 percent. The bill provides that if the Commission finds that the premium rate filed is not meeting or will not meet a medical loss ratio of 85 percent, the Commission shall require appropriate rate adjustments, premium refunds, or premium credits as deemed necessary for the coverage to conform with the medical loss ratio standard of 85 percent.

Health insurance; approval of rates to dental plans, medical loss ratio.

Del. Wren Williams [R]

2024-01-25 - House - House: Stricken from docket by Labor and Commerce (18-Y 1-N) (Y: 18 N: 1 NV: 0 Abs: 3) [PASS]
2024-01-23 - House - House: Subcommittee recommends striking from docket (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2024-01-25	House	Stricken from docket by Labor and Commerce (18-Y 1-N)
2024-01-23	House	Subcommittee recommends striking from docket (7-Y 0-N)
2024-01-16	House	Assigned L & C sub: Subcommittee #1
2024-01-08	House	Referred to Committee on Labor and Commerce
2024-01-08	House	Prefiled and ordered printed; offered 01/10/24 24100085D

Chapter	Article	Section	Citation Type	Statute Text
38	2	316.2	(n/a)	See Bill Text
38	2	4214	(n/a)	See Bill Text
38	2	4319	(n/a)	See Bill Text
38	2	4509	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB445
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB445+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB445F171+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H1401V0004+HB0445
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H14V0031+HB0445