Wednesday, July 6, 2022

Insurance Bill Will Benefit Virginia Realtors

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RICHMOND – Virginia Governor Glenn Youngkin has been busy the past month signing health-care legislation. His latest was on June 16, when he signed a bill that allows members of the Virginia Association of Realtors to receive group rates instead of individual rates.

“This legislation gives thousands of Virginians the opportunity to purchase affordable, comprehensive health insurance and continue to cut down on the cost of living,” Youngkin said in a press release.

At the end of May, Youngkin signed a bill concerning family leave, and in early June he signed another bill allowing small businesses to form a consortium to purchase insurance for their employees at reduced rates.

The bill for realtors, co-sponsored by State Senator George Barker, is similar to the small business bill. However, instead of creating a consortium, it allows real estate agents to be eligible for group rates.

“These bills represent an important step to ensure that realtors throughout the commonwealth have access to quality health care options,” Delegate Keith Hodges said in the release.

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