Cigna Health and Life Insurance Company - Large Group Filing

Filing Status: 
Approved with Modification
Decision Date: 
Thursday, May 9, 2019
Insurer: 
Other
Description: 

On 2/7/2019, Cigna Health Life Insurance Company (CHLIC) proposed an average annual rate decrease of -3.6% for its large employer groups (101 or more employees), affecting 534 Vermont members.  As of 2/22/19, CHLIC amended its 2/7/19 filing to change the proposed average annual rate for its large employer groups from the decrease of -3.6% to an increase of 0.2%. On 5/9/2019, the Green Mountain Care Board ordered Cigna to reduce its contribution to reserve/profit from 3.5% to 1.0% and approved the modified rate for an overall average annual rate decrease of approximately 2.4%.

Docket No. GMCB-001-19rr

SERFF NoCCGP-131695464 (As of 4/10/2019)

Date Posted to Web: 2/11/2019

Date Updated: 05/09/2019 

Date Comments Close: 
Wednesday, April 24, 2019
SERFF: 
CCGP-131695464