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…
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Health insurance rates in Vermont are the first in the U.S. to be posted
This will let the residents of the state know what they can expect their premiums to be. Vermont has just become the very first state in the country to share what its health insurance rates will be when they begin to use the online exchange in order to purchase their coverage to comply with the “individual mandate”. This gives residents an idea of the rates they’ll pay starting in October when the marketplace opens. The state has released its rate proposals. They aren’t yet set in stone, but at least…
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