The Care Board’s Balancing Act

August 10, 2017

The Green Mountain Care Board made two decisions this week that, taken together, affect health insurance premiums for every customer on Vermont Health Connect. On Wednesday, the board declared that MVP Health Care could raise premiums by an average of 3.5 percent, and on Thursday, they capped Blue Cross Blue Shield of Vermont’s increases at 9.2 percent.

Regulators set both rates lower than insurers had requested, but many consumers, advocates, and even members of the Green Mountain Care Board have said that these rates don't go far enough towards making health insurance more affordable for Vermonters. VTDigger’s health care reporter Erin Mansfield explains.