                                 CODE OF VIRGINIA

REGULATIONS ESTABLISHING STANDARDS (§ 38.2-3430.9)

A. The Commission may adopt regulations to enable it to establish and administer
such standards relating to the provisions of this article and Article 5 (&#xA7;
38.2-3431 et seq.) of this chapter as may be necessary to (i) implement the
requirements of this article and (ii) assure that the Commonwealth&#8217;s
regulation of health insurance issuers is not preempted pursuant to P. L.
104-191 (The Health Insurance Portability &amp; Accountability Act of 1996).

B. The Commission may revise or amend such regulations and may increase the
scope of the regulations to the extent necessary to maintain federal approval of
the Commonwealth&#8217;s program for regulation of health insurance issuers
pursuant to the requirements established by the United States Department of
Health and Human Services.

C. The Commission shall annually advise the standing committees of the General
Assembly having jurisdiction over insurance matters of revisions and amendments
made pursuant to subsection B.

HISTORY: 1997, cc. 807, 913.