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2019 Session

Budget Amendments - HB1700 (Conference Report)

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Explore Options for Individual Insurance Market Reforms (language only)

Item 1 #3c

Item 1 #3c

Legislative Department
General Assembly of Virginia

Language

Page 13, after line 45, insert:

"6.  The Joint Subcommittee for Health and Human Resources Oversight shall consider options for a § 1332 Affordable Care Act waiver to redesign the individual insurance market to better align with cost saving opportunities and outcomes similar to the large group market.  The State Corporation Commission and Health and Human Resources unit at the Joint Legislative Audit and Review Commission shall provide assistance to the joint subcommittee, as needed, as the joint subcommittee evaluates the options.  The joint subcommittee shall make recommendations, if any, to the General Assembly regarding a § 1332 Affordable Care Act waiver by December 15, 2019."



Explanation

(This amendment directs the Joint Subcommittee for Health and Human Resources Oversight to evaluate options for a § 1332 Affordable Care Act waiver to redesign the individual insurance market to better align with cost saving opportunities and outcomes similar to the large group market.)