Association health plans; base rates based on employer member's risk profile. Provides that for association health plans, an insurer may (i) establish base rates formed on an actuarially sound, modified community rating methodology that considers the pooling of all participant claims and (ii) utilize each employer member's specific risk profile to determine contribution rates for each individual employer member's share of the premium by actuarially adjusting above or below established base rates. This bill is identical to SB 1171.

Statutes affected:
House: Prefiled and ordered printed; offered 01/11/23 23101925D: 38.2-3449
House: Committee substitute printed 23104883D-H1: 38.2-3521.1
House: Bill text as passed House and Senate (HB2201ER): 38.2-3521.1
Governor: Acts of Assembly Chapter text (CHAP0514): 38.2-3521.1