MVP Rate Review Decision Issued

MVP proposes an average annual increase of 10.9% over 2018 premiums offered on Vermont Health Connect. Proposed increases per plan range from 4.2% to 30.7%. Note, many Vermonters will qualify for more premium tax credits to help with the highest increases. On August 9, 2018, the Green Mountain Care Board ordered MVP to reduce the rate from 10.9% to 6.6%. 

Docket No. GMCB 008-18rr

SERFF No. MVPH-131497138

MVP proposes an annual average rate increase of 3.80% for 3Q and 2.8% for 4Q 2018. The MVP large group HMO plans cover 2,275 Vermont members. Point of Service (POS) riders associated with MVP's Large Group HMO line of business are contained in GMCB-006-18rr. On June 20, 2018, the Green Mountain Care Board ordered MVP to reduce the rate to 2.32%.

MVP proposes an average annual rate decrease of -6.1% for the 1/Q/2Q 2018 Large Group Manual rate filing. Proposed decrease ranges from -6.1% to -4.6%. This rate filing affects 0 Vermont policy holders.

Docket No: GMCB-012-17rr

SERFF No: MVPH-131213366

Date Posted to Web: 10/03/2017

Dated Updated: 12/28/2017

MVP proposes an average annual rate increase of 5.8% for 1Q/2Q 18. This rate filing affects 16 Vermont policy holders and 1,995 Vermont members.

Docket No: GMCB-011-17rr

SERFF No: MVPH-131148723

Date Posted to Web: 8/9/2017

Date Updated: 11/06/2017

Decision

MVP proposes an average annual rate increase of 4.20% for 1Q/2Q 18. This rate filing affects 213 Vermont policy holders and 1,711 Vermont members.

Docket No: GMCB-010-17rr

SERFF No: MVPH-131146158

Date Posted to Web: 8/7/17

Date Updated: 11/06/2017

Decision

MVP proposes an average annual increase of 6.7% over 2017 premiums offered on Vermont Health Connect. Proposed increases per plan range from 2.3%-10.5%.

Docket No. GMCB-007-17rr

SERFF No.  MVPH-131034103

Plain Language Summary

Date Posted to Web: 08/09/2017

Date Updated:  08/09/2018

MVP proposes an average annual rate increase of 3.0% for large employer groups with coverage dates begining between 7/1/17-12/31/17.

Docket No: GMCB-006-17rr

SERFF No: MVPH-130977835

Date Posted to Web: 3/30/17

Date Updated: 6/26/17

Decision and Order

MVP proposes an average annual rate increase of 5.4% for large employer groups with coverage dates begining between 7/1/17-12/31/17.

Docket No: GMCB-003-17rr

SERFF No: MVPH-130913726

Date Posted to Web: 2/10/17

Date Updated: 5/8/17

Decision and Order