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1998 Session

Budget Amendments - SB30 (Conference Report)

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SCC Study of Health Benefit Plans (language only)

Item 559 #1c

Item 559 #1c

Independent Agencies
State Corporation Commission

Language
Page 332, after line 5, insert:
"As part of the Special Advisory Commission on Mandated Benefits' review of the Essential and Standard Health Benefits Plans as provided in §9-298, Code of Virginia, the State Corporation Commission's Bureau of Insurance shall request its actuarial consultant to review the Essential and Standard Health Benefits Plans to assist the Special Advisory Commission on Mandated Benefits to determine what benefit design or other changes are needed to make the plans more marketable.  The Bureau of Insurance shall have its actuarial consultant report its findings and recommendations to the Special Advisory Commission on Mandated Benefits and the Joint Commission on Health Care by July 1, 1998.  Pursuant to §9-298, Code of Virginia, the Special Advisory Commission on Mandated Benefits shall make its recommendations regarding any benefit changes to the Bureau of Insurance for regulatory action by October 1, 1998."


Explanation
(This amendment provides for the State Corporation Commission to study Essential and Standard Benefit Plans to determine what plan design changes are needed to make the plans more marketable.)