Vermont H0585 proposes health insurance reforms including governance changes, executive compensation transparency, limited age rating for premiums.

Vermont H0585 proposes several health insurance reforms. It mandates that hospital service corporations revise their bylaws to comply with new governance rules, including a majority of board members being subscribers and public representatives appointed by the Governor. The bill also requires these corporations to disclose executive compensation details to the Commissioner of Financial Regulation. It allows limited age rating for health insurance premiums, ensuring deviations do not exceed five percent from the community rate.

Vermont H0585 proposes health insurance reforms including governance changes, executive compensation transparency, limited age rating for premiums.

Vermont H0585 proposes several health insurance reforms. It mandates that hospital service corporations revise their bylaws to comply with new governance rules, including a majority of board members being subscribers and public representatives appointed by the Governor. The bill also requires these corporations to disclose executive compensation details to the Commissioner of Financial Regulation. It allows limited age rating for health insurance premiums, ensuring deviations do not exceed five percent from the community rate.