Sen. Jennifer McClellan says delay of Virginia health care exchange is disappointing, but will allow rollout to be seamless
Bruce Tinoco is one of the reasons that Virginia decided to create its own marketplace for health insurance instead of relying on the federal government.
Tinoco, 63, knew he would pay the full price for his health insurance when he retired three years ago after a 40-plus year career in television broadcasting â and he was right. The South Richmond resident was paying $1,006 a month for a policy on the federal marketplace, and that was just for himself.
But that changed suddenly last week after Tinoco read a story in the Richmond Times-Dispatch about a sharp reduction in monthly premiums on the marketplace in Virginia because of changes in federal law under President Joe Biden and the American Rescue Plan Act.