Three health plans request rate hikes in Rhode Island.
The Providence (RI) Journal (2/11, Salit) reports that Blue Cross & Blue Shield of Rhode Island, UnitedHealthCare of New England, and Tufts Health Plans are "seeking increases in the cost of health plans that companies offer to their employees." The hikes are smaller than a similar request to raise rates last June, which was denied by Rhode Island Health Insurance Commissioner Christopher F. Koller. Koller said that the new increase requests "are actually smaller than what was asked for last summer in every case." BCBS requested a 14.6% hike for large employers, while UnitedHealthCare requested a 4% increase and Tufts a rise of 9.3%. "The proposed rates, whether approved or modified by the commissioner, will go into effect in May."
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