VA INS Essential Health Benefits Plan


On Mar. 29, VA INS proposed essential health benefits benchmark plan


  • VA INS sought comments re Essential health benefits (EHB) benchmark plan for 2025.
  • The final EHB benchmark plan application for year 2025 is due to CMS by May 3, 2023.
  • Follows VA LEG bill directing VA INS to study, select new EHB plan, #163867, #164204
  • 2025 EHB Benchmark Plan
  • The plan sets the required benefits that must be provided by comprehensive fully-insured individual and small group health insurance coverage issued in Virginia.
  • Before adopting new plan, VA INS must release for comment and obtain CMS approval.
  • In addition to current benefits, 2025 plan shall include medically necessary prosthetic devices and components as well as formula and enteral nutrition products as medicine.
  • Consultation
  • Public comment on the proposed plan must be submitted by Apr. 12, 2023.
  • Sep. 2023 VA INS Benchmark Plan Approval
  • On Sep. 21, 2023, VA INS reported CMS approved Virginia's application in Aug. 2023.
  • In order to change the EHB benchmark plan for Affordable care act (ACA) health plans offered in the State, for individual and small-group markets beginning on Jan. 1, 2025.

Regulators VA INS
Entity Types Ins
Reference PR, 9/21/2023; PR, 3/29/2023; ACA;
Functions Actuarial and Valuation; Legal; Operations
Countries United States of America
Category
State
Products Insurance; Insurance-Health
Regions Am
Rule Type Final
Rule Date 3/29/2023
Effective Date 1/1/2025
Rule Id 168040
Linked to Rule :164204
Reg. Last Update 9/21/2023
Report Section US Insurance

Last substantive update on 09/24/2023