TITLE 14. INSURANCE
TITLE 14. INSURANCE
STATE CORPORATION COMMISSION
Proposed Regulation
REGISTRAR'S NOTICE: The State Corporation Commission is claiming an exemption from the Administrative Process Act in accordance with § 2.2-4002 A 2 of the Code of Virginia, which exempts courts, any agency of the Supreme Court, and any agency that by the Constitution is expressly granted any of the powers of a court of record.
Titles of Regulations: 14VAC5-150. Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Medicare Program Revisions (repealing 14VAC5-150-10 through 14VAC5-150-70).
14VAC5-160. Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Repeal of the Medicare Catastrophic Coverage Act (repealing 14VAC5-160-10 through 14VAC5-160-110:1).
Statutory Authority: §§12.1-13, 38.2-223, and 38.2-3608 of the Code of Virginia.
Public Hearing Information: A public hearing will be held upon request.
Public Comment Deadline: July 31, 2026.
Agency Contact: Jackie Myers, Chief Insurance Market Examiner, Bureau of Insurance, State Corporation Commission, P.O. Box 1157, Richmond, VA 23218, telephone (804) 371-9630, or email jackie.myers@scc.virginia.gov.
Summary:
The proposed amendments repeal Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Medicare Program Revisions (14VAC5-150) and Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Repeal of the Medicare Catastrophic Coverage Act (14VAC5-160), which are obsolete.
AT RICHMOND, MAY 19, 2026
COMMONWEALTH OF VIRGINIA, ex rel.
STATE CORPORATION COMMISSION
CASE NO. INS-2026-00042
Ex Parte: In the matter of Repealing the Rules
Governing the Conversion of Medicare Supplement
Insurance Benefits and Premiums
ORDER ESTABLISHING PROCEEDING
Section 12.1-13 of the Code of Virginia (Code) provides, in relevant part, that "[i]n the administration and enforcement of all laws within its jurisdiction, the [State Corporation Commission (Commission)] shall have the power to promulgate rules and regulations[.]" Section 38.2-223 of the Code provides that the Commission may issue any rules and regulations necessary or appropriate for the administration and enforcement of Title 38.2 of the Code. Section 38.2-3608 of the Code provides that the Commission may issue regulations to establish minimum standards for payment of claims under Medicare supplement policies and for marketing practices, compensation arrangements, requirements for loss ratio refunds or credits, Medicare select policies and certificates, and reporting practices of insurers providing such policies. The rules issued by the Commission pursuant to §§ 38.2-223 and 38.2-3608 of the Code are set forth in Title 14 of the Virginia Administrative Code.1
The Bureau of Insurance (Bureau) has submitted to the Commission a proposal to repeal the rules set forth in Chapters 150 and 160 of Title 14 of the Virginia Administrative Code, entitled Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Medicare Program Revisions (14VAC5-150-10 et seq.) and Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Repeal of the Medicare Catastrophic Coverage Act (14VAC5-160-10 et seq.) (collectively, Rules). Specifically, the Bureau proposes repealing Chapters 150 and 160 because the Rules are now obsolete. Chapters 150 and 160 provided direction during a transitional time when benefit changes were taking place under the federal Medicare program, and new Medicare supplement insurance benefits and premiums needed to change as well so coverage would not be duplicated. However, the Rules were superseded with the enactment of Chapter 170 of Title 14 on July 30, 1992, which comprehensively provides rules for Medicare supplement policies or certificates issued for delivery prior to July 30, 1992; Medicare supplement policies delivered on or after July 30, 1992, and prior to June 1, 2010; Medicare supplement policies delivered on or after June 1, 2010; and Medicare supplement policies delivered to individuals newly eligible for Medicare on or after January 1, 2020.
NOW THE COMMISSION, upon consideration of this matter, is of the opinion and finds that a proceeding should be established to consider repealing the Rules. To initiate this proceeding, the Bureau has prepared a proposal that Chapters 150 and 160 of Title 14 of the Virginia Administrative Code be repealed, which is appended to this Order Establishing Proceeding (Order). The Commission finds that notice of the proposal to repeal the Rules should be given to the public, and that interested persons should be provided an opportunity to file written comments or request a hearing on the proposal to repeal the Rules.
Accordingly, IT IS ORDERED THAT:
(1) This case is docketed and assigned Case No. INS-2026-00042.
(2) All comments and other documents and pleadings filed in this matter shall be submitted electronically to the extent authorized by 5VAC5-20-150, Copies and format, of the Commission’s Rules of Practice and Procedure (Rules of Practice).2 Confidential and Extraordinarily Sensitive Information shall not be submitted electronically and shall comply with 5VAC5-20-170, Confidential information, of the Rules of Practice. Any person seeking to hand deliver and physically file or submit any pleading or other document shall contact the Clerk’s Office Document Control Center at (804) 371-9838 to arrange the delivery.
(3) On or before July 31, 2026, any interested person may comment on, or request a hearing on, the proposal to repeal the Rules by following the instructions on the Commission’s website: scc.virginia.gov/case-information/submit-public-comments. Those unable, as a practical matter, to submit such documents electronically may file such comments by U.S. mail to the Clerk of the State Corporation Commission, c/o Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118. All documents shall refer to Case No. INS-2026-00042. Any request for hearing shall state why a hearing is necessary and why the issues raised in the request for hearing cannot be addressed adequately in written comments.
(4) The Bureau shall file its response to any comments or requests for hearing filed pursuant to Ordering Paragraph (3) on or before August 28, 2026.
(5) If a sufficient request for hearing is not received, the Commission may consider the matter and enter an order based upon the comments, documents or other pleadings filed in this proceeding.
(6) The Bureau shall provide notice of this Order to all carriers licensed in Virginia to write Medicare Supplement Insurance Policies or Certificates and to any other interested persons as the Bureau may designate.
(7) The Commission's Office of General Counsel shall provide a copy of this Order, together with the proposal to repeal the Rules, to the Virginia Registrar of Regulations for publication in the Virginia Register of Regulations.
(8) Interested persons may download unofficial copies of the Order and the proposal to repeal the Rules from the Commission’s website: scc.virginia.gov/case-information/.
(9) This matter is continued.
A COPY hereof shall be sent by the Clerk of the Commission to: John E. Farmer, Jr., Senior Assistant Attorney General, jfarmer@oag.state.va.us, Office of the Attorney General, Division of Consumer Counsel, 202 North 9th Street, 8th Floor, Richmond, Virginia 23219-3424; and the Commission’s Office of General Counsel and the Bureau of Insurance in care of Deputy Commissioner Julie Blauvelt.
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VA.R. Doc. No. R26-8658; Filed May 19, 2026