Commonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium.

Where it is in the process

Plain-English Summary

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. Additionally, the bill removes the 20 percent upper limit…

Source: OpenStates · fetched April 13, 2026

Who it affects

Parent / guardian

via Voices for Virginia's Children: Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium.

Student / education borrower

via Voices for Virginia's Children: Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium.

AI-extracted

Who This Affectsvia advocacy orgs

Parent / guardiandirectModerate impactMedium certainty
via Voices for Virginia's Children
Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium.
Student / education borrowerdirectModerate impactMedium certainty
via Voices for Virginia's Children
Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium.

What the Bill Does

Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium.

Votes

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