The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 8 V.S.A. § 4587)
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§ 4587. Filing and approval of contracts
A medical service corporation that has received a permit from the Commissioner of
Financial Regulation under section 4584 of this title shall not thereafter issue a contract to a subscriber or charge a rate that is different
from copies of the contracts and rates originally filed with and approved by the Commissioner
at the time the permit was issued to the medical service corporation, until the medical
service corporation has filed copies of its proposed contracts and rates and they
have been approved by the Commissioner or the Green Mountain Care Board established
in 18 V.S.A. chapter 220, as appropriate. Prior to approval, there shall be a public comment period pursuant
to section 4026 of this title. Each such filing of a contract or rate shall be accompanied
by payment to the Commissioner or the Board, as appropriate, of a nonrefundable fee
of $150.00. A medical service corporation shall file a plain language summary of rate
increases pursuant to section 4026 of this title. (Added 1985, No. 236 (Adj. Sess.), § 11; 1989, No. 225 (Adj. Sess.), § 25; 1991, No. 166 (Adj. Sess.), § 11; 1995, No. 180 (Adj. Sess.), § 38; 2011, No. 48, § 15c, eff. Jan. 1, 2012; 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012; 2013, No. 79, § 5j, eff. Jan. 1, 2014; amended 2021, No. 105 (Adj. Sess.), § 216, eff. July 1, 2022; 2025, No. 11, § 7, eff. September 1, 2025.)