2008 Session

Budget Amendments - SB30 (Committee Approved)

View Budget Item
View Budget Item amendments

VirginiaShare Health Insurance Program

Item 309 #1s

Item 309 #1s

First Year - FY2009 Second Year - FY2010
Health And Human Resources
Medical Assistance Services, Department of FY2009 ($1,643,511) FY2010 ($4,143,511) GF

Page 289, line 45, strike "$16,112,481" and insert "$14,468,970".
Page 289, line 45, strike "$18,462,481" and insert "$14,318,970".
Page 290, strike lines 37 through 41 and insert:
"D.  Out of this appropriation, $1,000,000 from the general fund and $1,000,000 from nongeneral funds each year shall be used to provide monthly health insurance premium assistance on behalf of low-income individuals who are employed by a qualified small employer in a pilot program to be called the VirginiaShare Health Insurance Program.
The monthly premium assistance shall be equal to one-third of the total monthly premium for an eligible employee enrolled in or insured under a policy to be certified by the Board of Insurance up to a maximum of $75 per month. Of the remaining monthly premium amount, at least one-half shall be paid by the insured individual's qualified small employer, and the remaining amount shall be paid by the insured individual.  Should the $75 maximum payment be less than one-third of the total monthly premium, the qualified small employer shall pay a minimum of one third of the monthly premium amount.  The Secretary of Health and Human Resources, in conjunction with the Bureau of Insurance and the Department of Medical Assistance Services, shall develop all of the necessary guidelines and policies for implementation of the program effective July 1, 2008.  The guidelines and policies developed by the Secretary shall be reported to the Chairmen of the Senate Finance and House Appropriations Committees no later than July 1, 2008."

(This amendment reduces the appropriation by $5.8 million GF from the introduced budget for the implementation of a pilot program to serve low-income individuals who lack access to health insurance. The introduced budget included $7.8 million GF to establish this program.)