Care board cuts health insurer’s rate hike request

Green Mountain Care Board hears testimony earlier this year. File photo by Mike Dougherty/VTDigger
State regulators have significantly reduced a proposed 2019 rate hike for one of the two insurers on Vermont Health Connect.
The Green Mountain Care Board has ordered that MVP Health Care must cut its average rate increase for individual and small-group plans on the exchange from 10.9 percent to 6.6 percent. When available subsidies are figured in, officials said the actual rate increase for many p