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Board Begins Review Of Rates Under Exchange

The board overseeing efforts to overhaul Vermont's health insurance system has begun reviewing the rates customers will be expected to pay under the Vermont Health Connect exchange.

The Green Mountain Care Board has received recommendations from the Department of Financial Regulation on the proposed rates to be offered by insurers Blue Cross Blue Shield and MVP, and is expected to set the rates by July 8.

Details of the proposed rates are posted on GMCB's website, and a public comment period is open until 5 p.m. next Monday, June 17.

The board also has set two public hearings on the rates at the Statehouse next week. MVP rates will be discussed from 9 a.m. to noon on Tuesday, Blue Cross rates from 9 a.m. to noon on Friday.

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