State Sen. Frank Wagner (R) said the increase is “unsustainable” when paired with an average household income increase of about 1 percent.
Virginia Bureau of Insurance representative David Shea said the marketplace is only three years old and is still undergoing market adjustments, according to the report.
More articles about payer issues:
BCBS of Texas commits to offering ACA plans for 2017
House will vote on ACA individual mandate exemption bill
Aetna looks toward social programs for healthcare reform