VT Health Connect rates jump in 2020 – Burlington Free Press

Health Insurance rates will rise in double digits next year.

"Earlier this year, the Green Mountain Care Board approved a Blue Cross Blue Shield of Vermont rate increase of 12.4% and an increase for MVP Health Care of 10.1%.

This was after a review process where the board reduced the rate requests from Blue Cross Blue Shield and MVP from 14.5% and 10.9%, respectively. The insurers cited growing pharmaceutical costs, use of medical services costs, as well as changes in state and federal taxes and fees as reasons behind the increases."

Read the Full Story at:


Comment Below...

Be the first to comment

Please check your e-mail for a link to activate your account.