Bill Text: WV SB151 | 2026 | Regular Session | Comm Sub

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Bill Title: Exempting life insurance cash value from Medicaid eligibility calculations

Sponsorship: Slight Partisan Bill (Republican 4-2)

Status: (Introduced - Dead) 2026-02-26 - On 2nd reading, rereferred to Health and Human Resources [SB151 Detail]

Download: West_Virginia-2026-SB151-Comm_Sub.html

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WEST virginia legislature

2026 regular session

Committee Substitute

for

Senate Bill 151

By Senators Oliverio, Clements, Hamilton, and Woelfel

[Reported January 22, 2026, from the Committee on Banking and Insurance]

 

 

A BILL to amend the Code of West Virginia, 1931, as amended, by adding a new section, designated §9-3-7, relating to exempting cash value of life insurance policy from Medicaid eligibility calculations.

Be it enacted by the Legislature of West Virginia:

 

ARTICLE 3. APPLICATION FOR AND GRANTING OF ASSISTANCE.

§9-3-7.  Medicaid eligibility calculations.

The first $25,000 of the cash value of a life insurance policy shall be exempt from Medicaid eligibility calculations.