SB 338 Virginia Senate · 2022 Regular Session

Commonwealth Health Reinsurance Program; federal risk adjustment program.

Summary
Commonwealth Health Reinsurance Program; federal risk adjustment program. Eliminates the requirement that the State Corporation Commission consider transfers made under the federal risk adjustment program to eliminate double reimbursement for high-cost cases as a factor when establishing payment parameters for the benefit year under the Commonwealth Health Reinsurance Program. The bill also eliminates the requirement that the Commission factor in transfers received for an enrolled individual under the federal risk adjustment program when calculating each reinsurance payment based on an eligible carrier's incurred claims costs for a covered person's covered benefits in the applicable benefit year. This bill is identical to HB 842.
Bill status signed all 5 stages cleared
Introduction
Jan 2022
Committee Review
Mar 2022
Senate Passage
Feb 2022
House of Delegates Passage
Mar 2022
Signed into Law
Apr 2022
Introduced Jan 11, 2022 Signed Apr 11, 2022
Floor votes · Senate Feb 10, 2022 · House of Delegates Mar 8, 2022

How they voted

330
Passed
Total votes 33
Feb 10, 2022
D Democratic17
17 Yea
100% Yea
R Republican16
16 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
22
Key actions
5
Committee
4
Apr 11, 2022
Signed into law
Approved by Governor-Chapter 547 (effective 7/1/22)
executive
Mar 8, 2022
Lower · Passed
Passed House BLOCK VOTE (98-Y 0-N)
lower
Mar 3, 2022
Lower · Passed
Reported from Commerce and Energy (22-Y 0-N)
lower
Feb 21, 2022
Committee
Referred to Committee on Commerce and Energy
lower
Feb 10, 2022
Upper · Passed
Read third time and passed Senate (40-Y 0-N)
upper
Feb 7, 2022
Upper · Passed
Reported from Commerce and Labor (15-Y 0-N)
upper
Jan 11, 2022
Committee
Referred to Committee on Commerce and Labor
upper
Jan 11, 2022
Introduced
Prefiled and ordered printed; offered 01/12/22 22101343D
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
GB
George Barker
DDemocratic
VA
39