VirginiaCommonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium.
What it does
Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium. Directs the State Corporation Commission to apply to the appropriate federal agencies under the federal Patient Protection and Affordable Care Act for an extension of the existing State Innovation Waiver authorizing the Commonwealth to implement a reinsurance program. The existing State Innovation Waiver is set to expire on January 1, 2028.
More detail
Additionally, the bill removes the 20 percent upper limit of the premium reduction goal under the Commonwealth Health Reinsurance Program. As introduced, this bill was a recommendation of the Health Insurance Reform Commission.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 13Approved by Governor Abigail Spanberger-Chapter 793 (effective 7/1/2026)Became Law
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 5Fiscal Impact Statement from State Corporation Commission (HB327)
- Mar 3Signed by PresidentMajor
- Mar 3Signed by SpeakerMajor
- Mar 3Bill text as passed House and Senate (HB327ER)Major
- Mar 3EnrolledMinor
- Mar 2Fiscal Impact Statement from State Corporation Commission (HB327)
- Feb 26Passed Senate (40-Y 0-N 0-A)Major
- Vote recorded Passage R. Result: pass.Upper
- Feb 26Read third timeMinor
- Feb 25Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Feb 25Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- Feb 25Rules suspended
- Feb 23Reported from Commerce and Labor (15-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor. Result: pass.Upper
- Feb 5Referred to Committee on Commerce and LaborMinor
- Feb 5Constitutional reading dispensed (on 1st reading)
- Feb 4Passed House (98-Y 0-N 0-A)Passed Senate
- Vote recorded H VOTE:. Result: pass.Lower
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 4Reconsideration of passage agreed to by House
- Feb 4Read third time and passed House (97-Y 1-N 0-A)Passed House
- Feb 3Engrossed by House as amended
- Feb 3committee amendments agreed toMajor
- Feb 3Read second timeMinor
- Feb 2Read first timeMinor
- Feb 1Fiscal Impact Statement from State Corporation Commission (HB327)
- Jan 29Reported from Labor and Commerce with amendment(s) (22-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce with amendment(s). Result: pass.Lower
- Jan 27Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
- Vote recorded Subcommittee recommends reporting with amendment(s). Result: pass.Lower
- Jan 27House subcommittee offered
- Jan 19Assigned HCL sub: Subcommittee #1Minor
- Jan 11Referred to Committee on Labor and CommerceMinor
- Jan 11Prefiled and ordered printed; Offered 01-14-2026 26102839DIntroduced