An independent evaluation of Vermont’s use of federal grant funds and its impact on the rate review process concludes that Vermont’s review process has saved consumers approximately $66 million since 2012, or three percent of total proposed premiums. In addition, the evaluation concludes that Vermont’s review process is efficient, fair and thorough, and that our rate review website is meeting the needs of Vermont consumers. Read the report on the GMCB website:
http://gmcboard.vermont.gov/content/gmcb-cycle-ii-rate-review-grant-evaluation