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WV SB6

Bill

Status

Introduced

2/12/2025

Primary Sponsor

Mike Oliverio

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Exempts the first $25,000 of a life insurance policy's cash value from Medicaid eligibility calculations
  • Exempts the first $25,000 of a life insurance policy's death benefit from Medicaid eligibility calculations
  • Adds a new section (§9-3-7) to West Virginia Code under Article 3 governing applications for and granting of assistance
  • Reported from the Committee on Banking and Insurance on March 20, 2025

Legislative Description

Exempting life insurance cash value from Medicaid eligibility calculations

Health

Last Action

To Health and Human Resources

3/20/2025

Committee Referrals

Health and Human Resources3/20/2025
Banking and Insurance2/12/2025

Full Bill Text

No bill text available