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SB151 • 2026

Exempting life insurance cash value from Medicaid eligibility calculations

Exempting life insurance cash value from Medicaid eligibility calculations

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Oliverio, Hamilton , Woelfel , Garcia , Rucker , Barrett
Last action
2026-02-26
Official status
S On 2nd reading, rereferred to Health and Human Resources 02/26/26
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-02-26 S

    On 2nd reading, rereferred to Health and Human Resources

  2. 2026-02-26 S

    Read 1st time

  3. 2026-02-26 S

    Immediate consideration

  4. 2026-02-26 S

    Reported without recommendation

  5. 2026-01-22 S

    To Health and Human Resources

  6. 2026-01-22 S

    Committee substitute reported, but first to Health and Human Resources

  7. 2026-01-14 S

    To Banking and Insurance

  8. 2026-01-14 S

    Introduced in Senate

  9. 2026-01-14 S

    To Banking and Insurance then Health and Human Resources

  10. 2026-01-14 S

    Filed for introduction

Official Summary Text

Exempting life insurance cash value from Medicaid eligibility calculations

Current Bill Text

Read the full stored bill text
SB 151 Text

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Senate Bill 151 History

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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
.

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