The Vermont Health Plan Rate Review Decision Issued

TVHP - Q3 2017 Large Group Rating Program Filing

Filing Status: 
Approved with Modification
Decision Date: 
Thursday, May 25, 2017

The Vermont Health Plan (TVHP) has submitted a consolidated annual Large Group Rating Program filing that will take effect in the third quarter of 2017 for four quarters.

Docket No. GMCB-005-17rr

SERFF No. BCVT-130935776

Date Posted to Web: 2/27/17

Date Updated: 7/3/17

Decision and Order on Motion to Reconsider

Date Comments Close: 
Wednesday, May 10, 2017

TVHP 3Q15 Large Group Rating Program

Filing Status: 
Approved with Modification
Decision Date: 
Wednesday, May 6, 2015

The Vermont Health Plan has submitted a consolidated annual Large Group Rating Program filing that will take effect in the third quarter of 2015. The filing includes factors that have been previously filed separately, including medical and drug trends, large claims, benefit relativity, administrative costs, and contribution to reserve

Docket No. GMCB-004-15rr

Date Comments Close: 
Tuesday, April 21, 2015

TVHP Fourth Quarter 2014 Through Third Quarter 2015 Administrative Expense and Contribution to Reserve Filing

Filing Status: 
Approved with Modification
Decision Date: 
Thursday, July 3, 2014

TVHP proposes a 1.2% administrative expense trend and a 2% contribution to reserve to be incorporated into rates for members renewing or enrolling in the fourth quarter 2014 through the third quarter 2015.

Docket No. GMCB-015-14rr

SERFF No. BCVT-129486804

Date Posted to Web: 4/8/14

Motion to Reconsider

Date Comments Close: 
Wednesday, June 18, 2014

TVHP Third and Fourth Quarter 2014 Trend Factor Filing

Filing Status: 
Approved
Decision Date: 
Monday, May 5, 2014

TVHP proposes using a medical trend factor of 4.7% and pharmacy trend factor of 7.6%, for a combined 5.2% trend factor for the third and fourth quarters of 2014.

Docket No. GMCB-013-14rr

SERFF No. BCVT-129403770

Date Posted to Web: 2/4/14

DECISION

HCA Notice of Appearance

Date Comments Close: 
Monday, April 21, 2014

TVHP 2014 Risk & Administrative Charges for Experience Refund Eligible Product

Filing Status: 
Approved
Decision Date: 
Friday, April 11, 2014

This filing proposes risk charges that protect employers from total health care claims that are higher than expected, and proposes administrative charges for employers that pay a surcharge on top of the rate, but are eligible to receive a refund if the group's actual medical claims are less than expected.

Docket No. GMCB-003-14rr

SERFF No. BCVT-129373905

Date Posted to Web: 1/14/14

Date Comments Close: 
Monday, March 31, 2014

TVHP 2Q14 Benefit Relativity Factor Filing

Filing Status: 
Approved
Decision Date: 
Friday, April 11, 2014

This annual filing describes the methodology for determining a set of "benefit relativities" - the relative value of insurance plans with varying benefits - for the rating of TVHP large group plans, effective the second quarter of 2014.

Docket No. GMCB-001-14rr

SERFF No. BCVT-129370736 

Date Posted to Web: 1/14/14

Decision

Date Comments Close: 
Friday, March 28, 2014

TVHP 1Q and 2Q 2014 Trend Filing

Filing Status: 
Approved with Modification
Decision Date: 
Monday, January 6, 2014

First and second quarter 2014. TVHP is proposing trend factors of 4.1% for medical claims, 7.2% for pharmaceutical claims, and 4.6% for combined medical and prescription drug claims.

DECISION

Docket No.: GMCB-036-13rr

SERFF No.: BCVT-129197313

Commissioner's Recommendation and Actuarial Opinion

Date Comments Close: 
Friday, December 20, 2013