[T]he Green Mountain Care Board made two decisions this week that, taken together, affect health insurance premiums for every customer on Vermont Health Connect. Wednesday the board declared that MVP Health Care could raise premiums by an average of 3.5 percent, and on Thursday the board 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 board have said these rates don’t go far enough toward making health insurance more affordable for Vermonters. VTDigger’s health care reporter Erin Mansfield explains.