health care

OHIC hearing on Direct Pay plan scheduled

Posted 1/9/12

WARWICK – The Office of the Health Insurance Commissioner will conduct a public hearing on Jan. 17 on the request by Blue Cross & Blue Shield of Rhode Island to raise its premiums an average of 4.4 percent for the five plans offered under its Direct Pay health insurance program.

The hearing will begin at 9 a.m. in a hearing room at the R.I. Public Utilities Commission; a second hearing time is scheduled at 6:30 p.m. for those who are unable to attend the morning hearing.

All written submissions for testimony must be received prior to the beginning of the hearing.

The rate increase requested by Blue Cross for its Direct Pay programs is smaller than in previous years.

In 2010, Blue Cross sought a 10.2 percent increase, which was reduced to 9.5 percent in a stipulated agreement.

In 2011, Blue Cross’s proposed rate hike of 7.9 percent was lowered to 1.9 percent by R.I Health Insurance Commissioner Christopher F. Koller.

There are about 14,500 customers who are currently covered by Blue Cross’s Direct Pay plans.

Blue Cross is the only health insurer to provide coverage to these Rhode Islanders who customers do not receive health care through the workplace and are not eligible for Medicaid or Medicare.

Direct Pay plans are the only current option available for many of these Rhode Islanders until October 2013, when the R.I. Health Benefits Exchange is scheduled to begin operation as an online marketplace.

If approved, the rate hikes will go into effect on April 1, 2012, with rates proposed to be in effect for 18 months until Sept. 30, 2012.

Calendar
PBN Hosted
Events

See the List of 2014 Winners. And save the date - September 10th - for the 3rd Annual Fastest Growing & Innovative Companies program at Rosecliff Mansion in Newport.
  • Healthiest Employers
    Thank you to all who attended the 3rd Annual Healthiest Employers Luncheon today ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement