Bill Text: WV SB6 | 2025 | Regular Session | Comm Sub
Bill Title: Exempting life insurance cash value from Medicaid eligibility calculations
Sponsorship: Strong Partisan Bill (Republican 10-1)
Status: (Introduced - Dead) 2025-03-20 - To Health and Human Resources [SB6 Detail]
Download: West_Virginia-2025-SB6-Comm_Sub.html
WEST virginia legislature
2025 regular session
Committee Substitute
for
Senate Bill 6
By Senators Oliverio, Barrett, Garcia, Phillips, Queen, Woodrum, Clements, Morris, Rucker, Roberts, and Hamilton
[Reported March 20, 2025, 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 or death benefit of a 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 or of the death benefit of a life insurance policy shall be exempt from Medicaid eligibility calculations.
