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MVP 2020 Large Group HMO

Filing Status
Approved with Modification
Decision Date
Wednesday, November 13, 2019
Insurer
MVP
Description

MVP is proposing an average annual rate increase of approximately 17.3% for its Large Group members. The Point of Service (POS) riders associated with MVP's Large Group HMO line of business are contained in GMCB-007-19rrWith the Board's ordered modifications, the average annual rate increase for 1Q20 will be approximately 15.0%, instead of the 16.7% proposed in the filing, and we expect that, on average, the premium increase experienced by groups renewing in 1Q20 will be approximately 7.0%, instead of the 8.4% initially projected by the carrier.

Docket No: GMCB-008-19rr

SERFF No: MVP-132048265

Date Posted to Web: 8/19/2019 

Date Updated: 11/15/2019

Date Comments Close
Monday, October 28, 2019
SERFF
MVPH-132048265

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