McKee Says Not the Time to Increase Health Insurance Rates, Tigue Refuses to Respond to Questions
GoLocalProv Business Team
McKee Says Not the Time to Increase Health Insurance Rates, Tigue Refuses to Respond to Questions
Matt Sheaff, a spokesman for Governor Dan McKee, criticized Tigue's decision: "While OHIC has accepted increases that are less than what the insurance companies had requested – the Governor believes it is not the right time to raise health insurance rates.”
“And while his legal team has determined that the Governor does not have the authority to block these increases at this time, he has begun working with Commissioner Tigue and his policy team on potential policy solutions that could prevent further increases next year," added Sheaff.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTTigue is refusing to respond to questions about what the overall economic impact will be on Rhode Island businesses.
His press release trumpeted that his office saved millions by trimming down what the insurers initially increased, but refuses to disclose what the total impact will be -- a number that is surely in the tens of millions for Rhode Islanders.
The Governor’s office also said it is pleased that the General Assembly passed his proposal for a Health Spending Accountability and Transparency Program, which is intended to significantly strengthen accountability for healthcare cost growth by health insurers and large healthcare providers.
Some of the increases are as high as nearly 10%. Learn more here.