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WV SB151
Bill
Status
Introduced
1/14/2026
Primary Sponsor
Mike Oliverio
Click for details
AI Summary
- Exempts the first $25,000 of cash value or death benefit from a life insurance policy from being counted when determining Medicaid eligibility in West Virginia
- Amends the existing Medicaid third-party liability and subrogation statute (§9-5-11) to add this life insurance exemption
- The exemption applies to the assignment of rights that occurs when an applicant submits a Medicaid application
- Introduced by Senator Oliverio on January 14, 2026, and referred to the Banking and Insurance Committee and then to the Health and Human Resources Committee
Legislative Description
Exempting life insurance cash value from Medicaid eligibility calculations
Health
Last Action
On 2nd reading, rereferred to Health and Human Resources
2/26/2026
Committee Referrals
Health and Human Resources1/22/2026
Banking and Insurance1/14/2026
Full Bill Text
No bill text available