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.
Health insurers have filed their requests for rate increases (or, in one case, decreases!) for the coming year (effective January 2015). The Office of the Health Insurance Commissioner reviews those requests to make sure they're fair, and then issues a ruling, probably by mid-July. Before then, you have an opportunity to weigh in.
Here are the details on those opportunities, plus OHIC's summary of what insurers have requested.
State lawmakers have plenty of competing priorities to consider as they wrap up the legislative session. One of those is what to do with the state’s health insurance exchange, HealthSource RI. Health care reporter Kristin Gourlay joins host Dave Fallon to talk about the lively debate that's developed around this question of whether to keep HealthSource going or scrap it and default to the federal health insurance exchange, healthcare.gov.
Lawmakers are being asked to decide the fate of HealthSource RI, the state’s online health insurance exchange. At issue is how to pay for it, or whether to scrap it. And plenty of voices are weighing in on the conversation. The latest claims state officials were told years ago that building an exchange wasn’t viable but did it anyway.
As you may know, there's a debate in the Rhode Island Statehouse over how to fund the state's online health insurance marketplace, HealthSource RI, after the Obamacare money runs out. Some say the $17 - $23 million dollar price tag to fund the site, customer service reps and centers, and infrastructure needed to negotiate for health insurance plans for sale on the site is just too much for a state with anemic coffers.