Rhode Island health insurers have filed their requests for increases in premium rates next year. Some small businesses and individuals could see some significant hikes.
Small businesses could see their plan rates drop as much as 20 percent or spike as much as 40 percent. But the average Blue Cross increase is expected to be about 15 percent. Tufts asked for about 13 percent.
Rhode Island is beginning a public effort to develop a statewide plan to improve the way we pay for health care. Lt. Governor Elizabeth Roberts is leading the effort.
With a $1.6 million dollar grant from the federal Center for Medicare and Medicaid Innovation, Roberts launched the six-month planning initiative. A series of public meetings will gather input from experts and community members. Roberts says she wants a plan to help health care providers and insurers move away from payments for a particular treatment or service toward paying for improved health.
You may have seen some headlines about a new report from the Society of Actuaries (the super-smart, nerdy folks who figure out how much risk, say, an insurance company can afford to take on), decrying the near-certain rise in the cost of health insurance for newly insured folks under the Affordable Care Act.