R.I. health insurance commissioner approves 2027 rate hikes

THE R.I. Office of the Health Insurance Commissioner on Tuesday approved a 9.5% increase for the large group market. /COURTESY OF THE R.I. OFFICE OF THE HEALTH INSURANCE COMMISSIONER.

CRANSTON – The R.I. Office of the Health Insurance Commissioner on Monday approved commercial health insurance premiums for 2027 it says will save Rhode Islanders $86.7 million compared to what the insurers initially requested. The average approved rate increase for the 2027 individual market is 12.4%, 7.7 percentage points lower than the average requested increase,

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