HB300

Virginia HB300 sets rules for the expiration of cooperative agreements and the oversight period by the VDH Commissioner.

Virginia HB300 establishes that cooperative agreements approved under this chapter will automatically expire five years after their creation. Upon expiration, the Department of Health must repeal specific provisions in the Virginia Administrative Code. The Attorney General is tasked with supervising any managed care pricing restrictions in effect at the time of expiration. These restrictions can only be modified by mutual written agreement between the involved entity and the Attorney General during the five-year period following the expiration.