Virginia’s reinsurance program is projected to reduce premium rates by 15.6% in the individual market starting in 2023, Commissioner of Insurance Scott White told legislators at last week’s Joint Subcommittee for Health and Human Resources Oversight meeting. That’s contingent on the approval of the 1332 State Innovation Waiver , which is due to the Centers … Read more

Virginia’s State Corporation Commission (SCC) will invest additional American Rescue Plan Act (ARPA) funds — a total of $500,000 — to improve coordination between SCC, the Centers for Medicare and Medicaid Services (CMS), and the Virginia Department of Medical Assistance Services (DMAS). The funding is part of a $20 million nationwide grant the Biden Administration … Read more

On Tuesday, the Virginia Health Insurance Reform Commission discussed a number of mandated provider benefit bills referred from the 2020 session. The bi-cameral commission is charged with reviewing legislation, ensuring proper implementation of the Affordable Care Act (ACA), and recommending changes as necessary.     Commission Chair Sen. George Barker previously asked the Bureau of … Read more