BCBSVT Rate Review Decision Issued

Date Updated: 05/24/2019

BCBSVT proposes an average annual increase of 7.5% over 2018 premiums offered on Vermont Health Connect. Proposed increases per plan range from 1.25 to 18.87%. Note, many Vermonters will qualify for more premium tax credits to help with the highest increases. On July 18, 2018, BCBSVT Amended this filing to propose an average annual increase of 9.6% over 2018 premiums offered on Vermont Health Connect. On August 14, 2018, the Green Mountain Care Board ordered BCBSVT to reduce rates from 9.6% to 5.8%.

Docket No. GMCB 009-18rr

Blue Cross and Blue Shield of Vermont proposes an average annual rate increase of 11.2% for large group employers. This rate affects 14,216 Vermonters. On June 13, 2018, the Green Mountain Care Board issued an order reducing the rate to an estimated 9.8%.

BCBSVT proposes an average annual increase of 12.7% over 2017 premiums offered on Vermont Health Connect. Proposed increases per plan range from 5.8%-14.6%.

Docket No. GMCB-008-17rr

SERFF No. BCVT-131037743

Plain Language Summary

Date Posted to Web: 05/12/2017

Date Updated: 08/10/2017

Blue Cross Blue Shield of Vermont 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-004-17rr

SERFF No. BCVT-130935599

Date Posted to Web: 2/27/17

Date Updated:  7/3/17

Decision and Order on Motion to Reconsider

BCBSVT proposes an average annual increase of 8.2% over 2016 premiums offered on Vermont Health Connect. Proposed increases per plan range from 5.2%-10.9%.

Docket No. GMCB-008-16rr

SERFF No. BCVT-130567350

DECISION

Plain Language Summary (SERFF)

Blue Cross Blue Shield of Vermont has submitted a consolidated annual Large Group Rating Program filing that will take effect in the third quarter of 2016.  

Docket No. GMCB-003-16rr

SERFF No. BCVT-130453174

DECISION

BCBSVT Reply Memorandum

BCBSVT proposes an average annual increase of 8.4% over 2015 premiums offered on Vermont Health Connect. 

Docket No. GMCB-008-15rr

SERFF No. BCVT-130082559

Plain Language Summary

Date Posted to Web: 5/17/15

Date Updated: 8/24/15

DECISION

Blue Cross Blue Shield of Vermont 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-003-15rr

SERFF No. BCVT-129910512

BCBSVT proposes an average annual increase of 9.8% over 2014 premiums offered on Vermont Health Connect. The Board modifies and approves and average annual increase of 7.7%.

Plain Language Summary

Docket No. GMCB-018-14rr

SERFF No. BCVT-129572217

Updated: 9/18/14

Date Posted to Web: 6/3/14