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.