Regulators cut MVP premium increase request in half

Green Mountain Care Board Chair Kevin Mullin and board member Robin Lunge. File photo by Erin Mansfield/VTDiggerHealth care regulators said Wednesday they had decided unanimously to cut MVP Health Care’s requested increase for premiums on Vermont Health Connect almost in half.
The Green Mountain Care Board, which regulates insurance prices and hospital budgets, decided MVP could raise premiums by 3.5 percent for calendar year 2018 — not the 6.7 percent the company requested.
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