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-007-19rr. With 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
- Decision & Order
- HCA Memo in Lieu of Hearing
- MVP Memo in Lieu of Hearing
- L&E Actuarial Memorandum
- DFR Solvency Opinion (MVPH-132048265)
- DFR Solvency Opinion (MVPH-132046387)
- L&E Objection #5
- L&E Objection #4
- L&E Objection #3
- L&E Objection #2
- L&E Objection #1
- MVP Amendment to Filing
- MVP Health Care Notice of Appearance
- HCA Notice of Appearance
Date Comments Close
Monday, October 28, 2019
SERFF
MVPH-132048265