Vermont slashes health insurance rate hikes, reducing Blue Cross Blue Shield's by over 13%.

Vermont's Green Mountain Care Board has approved lower health insurance rate increases than initially requested by major insurers, aiming to make coverage more affordable. Blue Cross Blue Shield's increase was cut from 23.5% to 9.6%, and MVP's from 6.2% to 1.3%. Despite these reductions, Vermont still has the highest insurance rates in the U.S. The board is focusing on innovative care and preventive health to improve affordability and access.