VA SB361

Requires health insurers, HMOs, and health service corporations to provide coverage for all FDA-approved contraceptive drugs and devices, including over-the-counter contraceptives, without requiring a prescription for coverage

Eliminates copayments, coinsurance, fees, and cost-sharing for contraceptive coverage, though insurers may impose cost-sharing on some therapeutically equivalent versions if at least one version remains cost-free

Mandates coverage for up to a 12-month supply of hormonal contraceptives dispensed at one time and requires point-of-sale coverage without cost-sharing for over-the-counter hormonal contraceptives at in-network pharmacies

Prohibits insurers from imposing burdensome restrictions such as requiring prescriptions for over-the-counter contraceptives and requires clear disclosure of contraceptive coverage information on websites and by mail

Applies to policies delivered, issued, or renewed in Virginia on or after January 1, 2027