Home Economy Economic Activity R.I. health insurance commissioner approves 2027 rate hikes

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,

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

NO COMMENTS

Exit mobile version