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VSBIT CORNER: Premium Increase
On December 4, VEHI announced that health insurance premium contributions would not increase beyond a certain percentage. This is the seventh year that VEHI has made such an announcement in an effort to help school districts in the preliminary stage of budget development.
VEHI announced that the premium increase for 2008-09 will not exceed 7% for active school district employees. This number is derived chiefly from an analysis of claims’ data available in November. During December, VEHI will review additional claims and trend data to determine the actual rate increase for the year beginning July 1, 2008.
VEHI will announce the actual premium rates for the 2008-09 school year during the first week of January, 2008.
VEHI is also pleased to report that U.S. News and World Report ranked Blue Cross Blue Shield of Vermont among the top 50 health plans in the United States in 2007. BCBS-VT ranked 32nd in a field of 250 commercial health plans that submitted data from consumer surveys and on performance measures related to disease prevention and treatment.
