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Board approves 2016 rate cards for vision (VSP), Kaiser and Blue Shield plans
Summary
The board approved 2016 rate cards and employer/employee contribution schedules for VSP vision, Kaiser HMO and Blue Shield Flex Funded plans; presenters said increases were driven by claims trends, drug costs and an ACA tax impact for vision.
The Health Services Board approved several insurer‑proposed rate cards and contribution schedules for the 2016 plan year.
Aon Hewitt’s Anil Kosher presented and the board approved a one‑year extension with VSP and a 1% rate increase to help VSP cover ACA‑related taxes. "When I spoke with the VSP, they presently run at a 99% loss ratio," Kosher said,…
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