Virginia § 38.2-3434 Disclosure of information

Virginia Statutes

§ 38.2-3434 — Disclosure of information

Virginia § 38.2-3434

Title 38.2INSURANCE

Ch. 34PROVISIONS RELATING TO ACCIDENT AND SICKNESS INSURANCE

Art. 5GROUP MARKET REFORMS AND INDIVIDUAL COVERAGE OFFERED TO EMPLOYEES OF SMALL EMPLOYERS

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Bluebook

Va. Code Ann. § 38.2-3434 (2026).

Text

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 an

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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.