Va. Code § 38.2-3434

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-3434 - Disclosure of information

Any health insurance issuer offering health insurance coverage to a employer shall make a reasonable disclosure of the availability of information to such an employer, as part of its solicitation and sales materials, and upon request of such an employer, information concerning:

(i) the provisions of such coverage concerning the health insurance issuer's right to change premium rates and the factors that may affect changes in premium rates;

(ii) the provisions of such coverage relating to renewability of coverage;

(iii) the provisions of such coverage relating to any preexisting condition exclusion; and

(iv) the benefits and premiums available under all health insurance coverage for which the employer is qualified.

A health insurance issuer is not required under this article to disclose any information that is proprietary and trade secret information.

Va. Code § 38.2-3434

1997, cc. 807, 913.

Amended by Acts 1997, § cc. 807, 913.