vermont health insurance market Archives

Vermont health insurance rate hikes eased by state regulators

August 22, 2023August 21, 2023 H. Cutner

The state has attempted to take steps to keep premiums from rising over a certain limit. Health insurance price increases proposed by two major insurers in the Vermont marketplace have been slimmed down by state regulators. The decision to pare down the requested rates took the form of a pair of rulings issued last week. The Green Mountain Care Board issued two rulings last week that notably shrank the health insurance rate increases requested by MVP Health and Blue Cross Blue Shield for their small group and individual plans being…

Vermont adopts single-payer health system

October 3, 2011May 8, 2013

The state of Vermont is edging closer to a single-payer health system. The new system would have state residents transition into a publicly funded insurance program that would be responsible for paying hospital bills and other medical expenses. The system has received approval from the state Legislature and is to be built as soon as possible. Vermont is the first state in the U.S. to adopt a single-payer health system. Legislators will have to iron out the specific regulations that will govern the system before anyone can begin using it.…