Health insurance rates in Vermont are the first in the U.S. to be posted

Vermont Health insurance exchanges

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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Vermont licensed more than 40 new captive insurance companies in 2011, expects to license more this year

The Vermont Banking, Insurance, Securities and Health Care Administration has released new data that shows the state has added 41 new captive insurance companies in 2011. The state is home to more than 590 active captive insurance groups currently, with a total of 952 licensed insurers.2011 was the sixth consecutive year in which Vermont added more than 40 new captives to the market, showing the growing trend of captives in the state’s insurance industry. Captives have always been popular in the insurance business, but more insurance organizations are opting to…

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