Virginia Senate Bill 161
Session 2026
Health insurance; limit on cost-sharing payments for prescription drugs under certain plans.
Active
Passed Senate on Feb 6, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
161
State
Virginia
Session
2026
Motion Text
Read third time and passed Senate (34-Y 6-N 0-A)
Senate Roll Call Votes
Yes
Yes
Michael J. Jones
Yes
Yes
Yes
Summary
A BILL to amend the Code of Virginia by adding a section numbered 38.2-3407.15:9, relating to health insurance; limit on cost-sharing payments for prescription drugs under certain plans.
Health insurance; limit on cost-sharing payments for prescription drugs under certain plans. Requires each carrier that offers a health plan in either the individual or small group market to ensure that at least 50 percent of all health plans offered by the carrier, or at least one health plan if the carrier offers fewer than two health plans, in each rating area and in each of the bronze, silver, gold, and platinum levels of coverage in the individual and small group market conform with the following: (i) a plan that offers a silver, gold, or platinum level of coverage limits a person's cost-sharing payment for prescription drugs covered under the plan to an amount that does not exceed $100 per 30-day supply of the prescription drug and (ii) a plan that offers a bronze level of coverage limits a person's cost-sharing payment for prescription drugs covered under the plan to an amount that does not exceed $150 per 30-day supply of the prescription drug. The bill provides that such limits apply at any point in the benefit design, including before and after any applicable deductible is reached. The bill requires that any plans offered to meet its requirements are (a) clearly and appropriately named to aid the consumer or plan sponsor in the plan selection process and (b) marketed in the same manner as other plans offered by the carrier.
Engrossed
Commerce and Labor Amendment
Fiscal Impact Statement from State Corporation Commission (SB161)
Sort by most recent
02/06/2026
Senate
Read third time and passed Senate (34-Y 6-N 0-A)
02/05/2026
Senate
Engrossed by Senate as amended (Voice Vote)
02/05/2026
Senate
Commerce and Labor Amendment agreed to
02/05/2026
Senate
Read second time
02/04/2026
Senate
Passed by for the day Block Vote (Voice Vote)
02/04/2026
Senate
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
02/04/2026
Senate
Rules suspended
02/02/2026
Senate
Reported from Commerce and Labor with amendment (9-Y 4-N)
01/26/2026
Senate
Senate committee offered
01/25/2026
Senate
Fiscal Impact Statement from State Corporation Commission (SB161)
01/07/2026
Senate
Referred to Committee on Commerce and Labor
01/07/2026
Senate
Prefiled and ordered printed; Offered 01-14-2026 26101280D
Sources
VA Legislature
Open States
Record Created
Jan 20, 2026 9:49:40 PM
Record Updated
Feb 8, 2026 9:36:43 PM