All health insurance rates are subject to review in Vermont. Comprehensive Major Medical filings submitted to the Department before January 1, 2014 will be reviewed by a Department Rate Analyst, the Director of Rates and Forms, and an Actuarial Consultant, the Green Mountain Care Board (GMC Board) and the Health Care Ombudsman.
As specified in Act 171 of 2013, Comprehensive Major Medical filings made after January 1, 2014 will be submitted directly to the GMC Board and the Department will no longer review these filings.
Process for review of Comprehensive Major Medical filings made to the Department before January 1, 2014.
Factors Considered During a Review:
The reviewer’s job is to make sure the rate increase is “affordable, promotes quality care, promotes access to health care, and is not unjust, unfair, inequitable, misleading, or contrary to the laws of this state.”
Learn more about the health insurance market in Vermont, the terminology used as well frequently asked questions about health insurance:
If you have questions or technical difficulties please contact:
Phil Keller at (802)828-1464