Docket No.: GMCB-010-24rr
SERFF: CCGP-134244586
Date Posted to Web: September 24, 2024
Last Updated: December 9, 2024
On March 6, 2024, Cigna Health and Life Insurance Company (CHLIC) proposed an average annual rate increase of 9.6% for its large employer groups (101 or more employees). On May 29, 2024, the Board modified and approved this filing.
SERFF: CCGP-134009857
Docket No.: GMCB-002-24rr
Last Updated: August 28, 2024
Docket No. GMCB-011-22rr
SERFF No. CCGP-133388045 (as of September 20, 2022)
Date Posted to Web: 9/21/22
Last Updated: December 6, 2022
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%.
Cigna Health Life Insurance Company proposed a 2018 average annual rate increase of 6.2% for its large employer groups, affecting 794 Vermont members. On March 28, 2018, the Green Mountain Care Board ordered Cigna to reduce its contribution to reserve/profit from 3.5% to 1.0% and reduce its overall average annual rate increase to approximately 2.7%.
Docket No. GMCB-001-18rr
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
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
