MVP Rate Review Decision Issued

MVP Health Plan, Inc. proposes an average annual increase of 15.3% over 2014 premiums offered on Vermont Health Connect. The Board modifies and approves an average annual increase of 10.9%. 

Plain Language Summary

Docket No. GMCB-017-14rr

SERFF No. MVPH-129560321

Updated: 9/18/14

Date Posted to Web: 6/3/14

MVPHIC is proposing an average annual rate increase of 9.4% for grandfathered members seeking to renew their coverage in the third and fourth quarters of 2014.

Docket No. GMCB-014-14rr

SERFF No. MVPH-129401327

Date Posted to Web: 2/6/14

DECISION

HCA Notice of Appearance

MVP Notice of Appearance

MVPHP proposes average annual manual rate increases for Large Group HMO products renewing in the third and fourth quarters of 2014 of 5.0% and 4.8%, respectively. There are no groups renewing in the fourth quarter.  

Docket No. GMCB-011-14rr

SERFF No. MVPH-129391759

Date Posted to Web: 1/28/14

DECISION

MVP Notice of Appearance

MVPHIC proposes an addendum to its Manual Rate and Formula filings for products sold to large groups (51 or more employees), resulting in an average overall rate impact of 0.8%.

Docket No. GMCB-010-14rr

SERFF No. MVPH-129389053

Date Posted to Web: 1/27/14

DECISION

MVP Notice of Appearance

MVPHIC requests an average annual rate increase of 4.9% for grandfathered small groups renewing in the third quarter of 2014, and 3.5% for those renewing in the fourth quarter.  

Docket No. GMCB-009-14rr

SERFF No. MVPH-129389265

Date Posted to Web: 1/27/14

DECISION

MVP Notice of Appearance