Realtors and those working in real estate brokerage firms in Virginia are now allowed to form an association health plan, thanks to bi-partisan legislation signed into law on June 16 by Gov. Glenn Youngkin.
Youngkin ceremonially signed HB 768—sponsored by Del. Keith Hodges (R-Urbanna)—and SB 355—sponsored by Sen. George Barker (D-Southern Fairfax)—which would allow for a single risk pool of the self-employed and employees of brokerage firms who are members of the Virginia REALTORS. The association must meet the requirements of eligibility as outlined in these bills.
“This legislation gives thousands of Virginians the opportunity to purchase affordable, comprehensive health insurance and continue to cut down on the cost of living,” said Youngkin. “For years, Virginia REALTORS worked alongside leaders in the General Assembly to tirelessly advocate for this commonsense health care solution for Virginians across the commonwealth, and today, we stand together to sign this bipartisan legisla...