CHAPTER 34
An Act to amend and reenact § 38.2-3447 of the Code of Virginia, relating to health insurance; tobacco surcharge.
[H 220]
Approved March 31, 2026
Be it enacted by the General Assembly of Virginia:
1. That § 38.2-3447 of the Code of Virginia is amended and reenacted as follows:
§ 38.2-3447 . Restrictions relating to premium rates.
A. Notwithstanding any provision of § 38.2-3432.2 , 38.2-3501 , 38.2-4306 , or any other section of this title to the contrary, a health carrier offering a health benefit plan providing individual or small group health insurance coverage shall develop its premium rates based on the following:
1. Whether the health benefit plan covers an individual or family;
2. Rating areas, as may be established by the Commission; and
3. Age, except that the rate shall not vary by more than 3 to 1 for adults ; and