Huge Health Insurance Rate Hikes: Public Comment through 7/24

Blue Cross and MVP Health Care want to raise rates by an average of 15.5% and 12.8% for individuals and 14.5% and 12.5% for small businesses. The affected plans are the ones people buy through Vermont Health Connect. This comes as an estimated 29,000 Vermont residents are being kicked off of Medicaid and forced to go uninsured or buy these expensive private plans.

If you are impacted by the rate hikes you can comment to the Green Mountain Care Board (GMCB), the state’s regulatory body. If you or your small business are currently purchasing one of these plans, if you are at risk of losing Medicaid, or if you are uninsured due to cost, you are or will be affected by these rates.

GMCB Online Public Comment Forum
Monday, July 24th at 4:30pm
You can find the Microsoft Teams call-in number and link here:
https://docs.google.com/forms/d/e/1FAIpQLSc8Fi0L3Yi8rvWKPp15oQluo4HeqmZkvZRj_PeoIXDlqPwH9Q/viewform

Submit a Public Comment
Deadline: July 24 at midnight
If you can’t join the online forum, you can still let the GMCB know how this affects you:
https://tinyurl.com/mr2ravyw
All comments submitted via this form will go directly to the GMCB.

The GMCB spends hours listening to actuaries from the insurance companies make the case for these rates. They also need to hear from people who will be affected by these huge increases for plans that also have deductibles and co-pays.

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