Green Mountain Care Board Annual Rate Hike Hearings
This week the Green Mountain Care Board (GMCB) held their annual summer hearings and opportunity for public comment on the 2022 proposed rate increases requested by Blue Cross Blue Shield of Vermont (BCBSVT) and MVP Health Plan (MVP).
For 2022 small group, BCBSVT requested an average annual decrease of 7.8% over 2021 rates, while MVP is requested an average annual increase of 5.0% over 2021 rates. For individual and family plans, BCBSVT requested an average annual increase of 7.9% over 2021 rates, while MVP is requested an average annual increase of 17.0% over 2021 rates.
Read Rural Vermont’s 2021 comments to the GMCB regarding the rate hike hearings.
*Read the condemning audit of Vermont's spending on and the resulting performance of OneCare Vermont that was currently released by the Office of the State Auditor.