Report on Virginia's Obamacare market

Virginia is implementing a state subsidy for Affordable Care Act coverage starting next year to offset the loss of enhanced federal Obamacare credits. According to Virginia Health Benefit Exchange executive director Keven Patchett, this financial assistance will benefit over 159,000 low- and moderate income residents. These state funds are designed to ensure that a significant number of Virginians will face minimal bills for their healthcare coverage within the state's Obamacare market during the upcoming year.