6% Increase OK’d For Vt. Blue Cross
Montpelier — The Green Mountain Care Board has given its approval to a nearly 6 percent rate increase for individual customers of Blue Cross and Blue Shield. Board chairman Al Gobeille said the rate increase underscores the need to implement a payment reform system in Vermont. Blue Cross originally filed for an 8.6 percent increase but the board whittled this proposal down to a 5.9 percent increase. The increase is the weighted...