How much will health insurance cost you next year? Well, you’ll find out soon. Health insurers have submitted their plans for next year, including how much they want to charge customers and what benefits those plans will include.
In Rhode Island, it’s the office of the health insurance commissioner that reviews those plans and decides whether to approve or reject them, or ask for some changes.
Small business owners are hoping the state’s health insurance commissioner will hold the line on the cost of health insurance for next year. The commissioner’s office is taking public comment on those proposed rates now. And at a public hearing last night, several small business owners testified about how rising insurance costs are eating into their bottom line. Bruce Dawson owns Central Tools in Pawtucket.
Rhode Island’s congressional delegation is roundly criticizing House Republicans over the budget impasse. Over the weekend Republican lawmakers agreed to continue funding the government beyond midnight Monday provided there’s a one year delay in the implementation of Obamacare; a proposal that’s dead on arrival in the Senate and the White House.
Congressman David Cicilline calls the House Republican caucus strategy the “height of irresponsibility” and he has harsh words for House Speaker John Boehner.
Once again, Rhode Island has embarked on an advertising campaign to raise our state’s flagging self-esteem. RIPR political analyst Scott MacKay says it’s time for us to stop running down our tiny corner of New England.
Back in 1996, when Jack Reed was running his first U.S. Senate campaign, Texas Gov. Ann Richards came to Newport to speak at a Reed fund-raiser. The tart-tongued Texan introduced the vertically-challenged Rhode Island Democrat by saying to prolonged laughter that Reed is proof ``that size doesn’t matter.’’
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.
A new farm and garden supply store on the West Side of Providence has become a source of neighborhood controversy. Residents rallied Sunday in support of the business called Cluck!.
About a hundred people sipped coffee and munched on scones at the Sunday morning rally. They were there to support a new store that aims to supply small growers and chicken farmers in the city. Community member Alice Danahy says the storefront, which used to be an abandoned gas station, was an eyesore.
Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday it looks at business news and themes that affect local business and the public.
This week Dave and Mark take a look into why it’s been a problem for the Rhode Island Economic Development Corporation to find local companies to share what’s ballooned into a $3.5 million grant for small businesses.
When to Listen
You can hear The Bottom Line each Friday at 5:50pm.