Other Rate Review Decision Issued

On December 22, 2020, Cigna Health and Life Insurance Company (CHLIC) proposed a premium credit to all of its guaranteed cost large group policyholders with effective dates from May 2019 to April 2020 as a result of the ongoing COVID-19 pandemic. 

Docket No. GMCB-009-20rr

SERFF No. CCGP-132641757

Date Posted to Web: 12/22/2020

Last Updated: 3/8/2021

On 3/18/2020, Cigna Health and Life Insurance Company (CHLIC) proposed an average annual rate increase of 15.0% for its large employer groups (101 or more employees), affecting 798 Vermont members. On 6/16/2020, the Board modified and approved an average annual rate increase of approximately 9.0%. The Board-approved rate will be effective 12/1/2020. 

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%.

4 Ever Life Insurance Company offers health insurance coverage for the benefit of employees (ex-patriates) who are traveling outside the United States for an extended period of time for employer business purposes. It also continues to cover those employees when temporarily back in the United States. As a new product with no affected members, there is no proposed rate increase.  On review, the Board ordered the company to lower its average commission expense to 8%, and limit the maximum allowable commission to 15%.

Docket No. GMCB-009-17rr

Cigna Health and Life Insurance Company proposes a -3.7% average annual rate change to its manual rating formula for large employer groups.

Docket No. GMCB-001-17rr

SERFF No. CCGP-130705386

Date Posted to Web: 12/30/16

Date Updated: 4/11/17

Decision

CIGNA Health and Life Insurance Company proposes a -1.100% average annual rate change to its manual rating formula for large employer groups.

Docket No. GMCB-001-16rr

SERFF No. CCGP-130243269

DECISION

HCA Notice of Appearance

4 Ever Life Insurance Company is offering a new product of health insurance coverage for the benefit of employees (ex-patriates) who are traveling outside the United States for an extended period of time for employer business purposes. It also continues to cover those employees when temporarily back in the United States. 

Docket No. GMCB-009-15rr

SERFF No. BCSF-129684270

Date Posted to Web: 6/4/15

Date Updated: 8/31/15

Cigna Health and Life Insurance Company (CHLIC) is requesting an average annual rate increase of 0.5% for medical benefits for large employer groups (51 or more employees). 

Docket No. GMCB-006-15rr

SERFF No. CCGP-129725944

Date Posted to Web: 5/5/15

Date Updated: 6/30/15

DECISION