RIPR News
(2011-11-21)
Listen Now:
PROVIDENCE,RI
(RIPR) -
Rhode Islanders who buy their own insurance would see a more than four percent rate increase under a request from Blue Cross Blue Shield of Rhode Island.
The state's largest health insurer requested an average 4.4 percent rate increase from health insurance commissioner Christopher Koller on Friday.
null
Blue Cross Blue Shield of Rhode Island is the only insurer in the state that sells health insurance to residents without employer sponsored insurance. That's why rate increases for these approximately 14 thousand Rhode Islanders receive special attention. The annual requests are subject to a rate hearing process and final approval from the Health Insurance Commissioner.
Last year, Blue Cross requested a nearly 8 percent rate increase. Commissioner Koller reduced that rate down to less than two percent.
Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@wrni.org.
© Copyright 2012, RIPR
