R.I. reinsurance program lowers individual health insurance rates

Elizabeth Graham

09/03/2019

FEDERAL approval of a state reinsurance program has lowered 2020 individual health insurance rates in Rhode Island.

PROVIDENCE – A new state program has earned federal approval, paving the way for savings on health insurance premiums for some consumers. The health insurance reinsurance program, submitted in July by Rhode Island to the Centers for Medicare and Medicaid Services, was approved by the U.S. Department of Health and Human Services last week. The…

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