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Health Insurers Propose Rate Increases

Tuesday, May 17, 2011

 

Rhode Island’s three major health insurers have proposed major rate increases.

Tufts Health Plan wants raise rates by an average of 4.8 percent and Blue Cross is requesting a 10.5 percent increase for large and small employers. UnitedHealthcare of New England has requested premium increases averaging 18 percent for small businesses (50 employees or less) and 20 percent for large employers.

In light of these requests, the Office of the Health Insurance Commissioner is accepting written comments from the public through June 10 and is holding a meeting on June 8 in which people can voice their concerns.

The meeting will be held in the Department of Labor and Training at 4:30p.m., and letters can be sent to 1511 Pontiac Ave. Building 69-1 Cranston, RI 02910.

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