Cigna Health and LIfe Insurance Company - Large Group Filing

Filing Status: 
Approved with Modification
Decision Date: 
Thursday, March 29, 2018
Insurer: 
Other
Description: 
Description: 

Cigna Health Life Insurance Company proposed an average annual rate increase of 6.2% for large employer groups in 2018. This rate filing affects 794 Vermont members. On March 28, 2018, the Green Mountain Care Board issued a decision ordering Cigna to reduce contribution to reserve/profit from 3.5% to 1.0%. The overall rates for Cigna's Large Group plans were thereby reduced from 6.2% to 2.7%.

Docket No. GMCB-001-18rr

SERFF No. CCPG-131268605

Date Posted to Web: 01/02/2018

Date Updated: 03/28/2018

 

Date Comments Close: 
Wednesday, March 14, 2018
SERFF: 
CCGP-131268605