opinion

Was the health insurance commissioner right in granting rate hikes to the state’s three health insurers?

Posted 7/12/10

R.I. Health Insurance Commissioner Christopher F. Koller ruled last week on the group rate requests made by the state’s three commercial health insurers, Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare of New England and Tufts Health Plan.

He granted rate increases for all there companies on both large and small group rates, but he did not grant the full requests of any of the companies, saying that the rates had to go up to cover the increasing cost of health care being provided by hospitals.

He did, however, impose conditions on the insurers that are designed to create incentives for driving the cost of health care – what hospitals are charging – down, the first time he has done this.

In this complex area, was Koller able to successfully straddle the line between affordable health care and solvent health care providers and insurers?

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
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