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2021 Session

Budget Amendments - HB1800 (Member Request)

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Chief Patron: Hope
Study of Health Insurance Affordability in the Individual Market (language only)

Item 29 #2h

Item 29 #2h

Legislative Department
Joint Commission on Health Care

Language

Page 26, after line 27, insert:

"C. As part of the study of Health Insurance Affordability in the Individual Market authorized by the Joint Commission on Health Care (Commission) on December 15, 2020, the Commission shall study additional strategies Virginia can adopt that will help the state create a more stable individual health insurance marketplace and other health insurance options that can offer more affordable, comprehensive coverage and reduce the number of uninsured Virginians. In conducting its study, staff shall (i) review policy options being implemented in other states directed at stabilizing the individual marketplace; (ii) identify options that may make health coverage (including public programs such as Medicaid and FAMIS) more affordable and available to individuals regardless of income; (iii) assess the methods of achieving stability and affordability to maximize any federal funds that may be available to offset any increased costs; and (iv) determine, where possible, the impact of each option on the state, insurers, providers and consumers, including any unintended consequences. The Joint Commission on Health Care shall complete its analysis by December 1, 2021, report its findings to the Commission and the Chairs of the House Appropriations Committee and the Senate Finance and Appropriations Committee."



Explanation

(This amendment provides additional direction to an ongoing study of the Study of Health Insurance Affordability in the Individual Market.)