The Virginia House Labor and Commerce Committee advanced dozens of bills from two subcommittees, with notable action on health insurance reform, pharmacy benefit management, and utility regulation. The most contested outcome was the full committee's 15-to-5 vote to table a bill directing the Bureau of Insurance to study the use of credit information in motor vehicle insurance underwriting, overriding the subcommittee's unanimous 9-to-0 recommendation to report.
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Michael J. Webert asked Irene Shin what information is excluded from the proceeding directed by HB892, stating the description 'also took me by surprise.' Shin initially deferred to counsel, then stated she did not believe the bill excludes anything 'necessarily' but rather asks for additional data, before clarifying that the excluded information would be 'subject to confidentiality protections to protect consumer specific information.'
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“The substitute required. There is a substitute that requires a decision to down code a claim to be determined by a natural person or an electronic system that reflects correct coding standards and considers all relevant patient data. Also, it requires that all down coding disputes. Dispute decisions shall be reviewed and adjudicated by a natural person.”
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Sign in to subscribeOkay. Here. Here. I didn't do it. I will now call to order the Committee on Labor and Commerce. And as always, I ask that everyone be seated in this full committee. We're going to ask that the clerk to open the rows so we can mark our attendance. And we have a quorum. We are going to begin with subcommittee reports. But we are right at that time of session where everyone is running back and forth presenting their bills. And I have a commitment from General Laws that they will hear my bill first if I get over there first. So I'm going to hand the gavel over to subcommittee chair Sullivan. Thank you, Madam Chair. Let's get right to it. The first item of our business is a report from subcommittee number one. Delegate Maldonado. Thank you, Mr. Chair. Mr. Chair. HB 190. Patron by delegate. Congress Fowler is regarding financial institutions prevention of continuation of known fraudulent transactions and occurrences. And the substitute is a Section 1 bill redirecting the office of the Attorney General to convene a work group to review best practices for financial institutions in preventing and responding to financial fraud or scams.…
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