Vermont insurers propose single-digit rate increases

By Robert King

Published May 12, 2017 9:30pm ET

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Vermont insurers propose single-digit rate increases — Vermont's two insurers offered rate increases ranging from 6 to 12 percent for next year's plans. (AP Photo/Andrew Harnik) | Andrew Harnik

Vermont insurers are proposing rate hikes of 6 to 12 percent for Obamacare plans in 2018.

The preliminary increases released Friday are smaller than several other states that have released increases of up to 60 percent. The rates are being released as the Senate is trying to draft legislation to repeal Obamacare and insurers are demanding an answer on whether they will get cost-sharing subsidies next year.

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Affordable Care Act Insurance Industry Robert King Vermont