38.2-3407.9:02 - Requirement for prescription drug coverage - Virginia Statutes

§ 38.2-3407.9:02. Requirement for prescription drug coverage.

No (i) insurer proposing to issue individual or group accident and sicknessinsurance policies providing hospital, medical and surgical or major medicalcoverage on an expense-incurred basis, (ii) corporation providing individualor group accident and sickness subscription contracts, or (iii) healthmaintenance organization providing a health care plan for health careservices, whose policy, contract or plan, including any certificate orevidence of coverage issued in connection with such policy, contract or plan,includes coverage for prescription drugs shall exclude coverage for anyprescription drug solely on the basis of the length of time since the drugobtained FDA approval.

(2000, c. 508.)