GMCB Cycle IV Rate Review Grant Evaluation
Tuesday, December 18, 2018
An independent evaluation of Vermont’s use of federal grant funds and its impact on the rate review process concludes that Vermont’s review process has saved consumers approximately $108 million since 2013, or about 2.8% of total proposed premiums. The report concludes that the GMCB has a strong rate review process and robust consumer resources. The report also includes recommendations for further improving public access and enhancing the rate review process.