SB 1674 – Virginia
Status: Inactive / DeadYear Introduced: 2019
Link: https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+SB1674
Health insurance; short-term, limited-duration health plans, renewal guarantees: Provides that any carrier offering short-term, limited-duration health plans may offer for sale a guaranteed option, defined in the bill as a contract or agreement between a covered person and a carrier that guarantees the option of the covered person to purchase a new short-term, limited-duration health plan at a future date without re-underwriting. The measure specifies that a guaranteed option is not a health benefit plan and that any guaranteed option may set a specified premium rate for any short-term, limited-duration health plan that it guarantees will be available to the covered person in the future.
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