Healthcare (Insurance)

This bill (H.95) replaces Vermont’s outdated health insurance statutes (8 V.S.A. Chapter 107) with a reorganized, updated version. It defines key terms like "covered individual" and "health insurance plan," aligns Vermont’s rules with federal laws (including the Affordable Care Act and No Surprises Act), and sets standards for advertising practices. The bill directly affects health insurers, health care providers, and the Vermont Department of Banking, Insurance, and Health Care Administration, which enforces these rules. It modernizes the legal framework without changing coverage requirements or creating new benefits.