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2019 Session

Budget Amendments - SB1100 (Committee Approved)

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Develop Innovative Options to Redesign the Individual Market

Item 1 #3s

Item 1 #3s

First Year - FY2019 Second Year - FY2020
Legislative Department
General Assembly of Virginia FY2019 $0 FY2020 $250,000 GF

Language
Page 4, line 5, strike "$46,981,541" and insert "$47,231,541".

Page 13, after line 45, insert:

"6.  Out of this appropriation, $250,000 from the general fund the second year is provided for the Joint Subcommittee for Health and Human Resources Oversight to contract with a qualified entity 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.  The State Corporation Commission and HHR 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 any recommendations to the General Assembly regarding a § 1332 Affordable Care Act waiver by December 1, 2019."



Explanation

(This amendment provides $250,000 from the general fund the second year to the Joint Subcommittee for Health and Human Resources Oversight to contract with a qualified entity 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.)