BCBSVT is proposing to increase its current rates for all Catamount members by 1.9%. BCBSVT states that the increase is needed due to the poorer health status of the Catamount members migrating to BCBSVT from MVP’s Health Insurance Company’s Catamount product (which MVP is no longer offering). BCBSVT’s proposed increase of 1.9% would be effective beginning January 1, 2013.
This filing is not subject to public comment.
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Once the actuarial opinion has been received by the Department and the Commissioner’s recommendation concerning this filing has been made, these documents will be found at the Green Mountain Care Board’s rate review website: http://gmcboard.vermont.gov/rate_review . You can search the Board’s website using the SERFF tracking number at the top of this page. Once the decision has been issued by the Board we will update the status of the filing on our website. Please note there is a time lapse between when the filing is submitted to our Department and when the Board issues the decision.