Legislation


HB 2639 (see companion bill SB 1611) – Virginia

Status: Enacted
Year Introduced: 2019
Link: https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2639

Health care shared savings; incentive programs: Requires health carriers to establish a comparable health care service incentive program under which savings are shared with a covered person who elects to receive a covered comparable health care service from a lower-cost provider. Incentive payments are not required for savings of $25 or less. The measure requires health carriers to comply with transparency requirements beginning with health benefit plans offered or renewed on or after July 1, 2020. Programs are required to be approved by the Commissioner of Insurance. This bill is identical to SB 1611.


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