Current News

by tim

The Green Mountain Care Board has received and begun its review of the 2016 proposed health insurance rates for plans offered through Vermont Health Connect, the state’s health benefit Exchange. Blue Cross Blue Shield of Vermont has requested an average annual rate increase of 8.4 percent over 2015 rates. MVP Health Care (MVP) has requested an average annual rate increase of 3.0 percent over 2015 rates. The insurers cite increasing medical and pharmacy prices as well as costs related to federal and state requirements as drivers of the requested rate increases.

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NFP, a leading national insurance broker and consultant based in New York, has acquired Hackett Valine & MacDonald, Inc (HVM). The transaction closed on May 1, 2015. HVM, based in South Burlington, is a brokerage and consulting firm that specializes in P&C and employee benefits. The firm offers personal and commercial lines expertise and employee benefits capabilities for companies in a range of industries. HVM’s leadership team will remain in place, with Michael Walsh transitioning to Managing Director for NFP’s New England region, reporting to Terrence Scali, Chief Executive Officer, NFP Property & Casualty. Timothy Ford will continue as a Director of Sales, focused on employee benefits, and Richard Bazluke will serve as the Finance Director.

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Expenses related to increases in the prices for medical care and prescription drugs in Vermont and Federal changes related to the Affordable Care Act require an 8.4 percent increase in premiums for Exchange-related qualified health plans, according to a rate filing prepared by Blue Cross and Blue Shield of Vermont, the state’s largest health insurer.

Blue Cross and Blue Shield of Vermont filed with Vermont’s Green Mountain Care Board proposed rates for 2016 qualified health plans. The rates filed by the company would increase premiums for individuals and small businesses by an average of 8.4 percent.

The company said in its filing that significant medical and pharmacy price increases were partially offset by favorable demographic and other assumptions within the company’s control. Combined, these factors produced a 5.3 percent increase in rates. The remainder of the 8.4 percent increase was driven by changes related to the Federal Affordable Care Act.

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The Vermont Ski Areas Association is excited to announce the winners of the third annual Green Mountain Awards for Environmental Excellence at Vermont Ski Resorts. Judged by Alan Hebert of Efficiency Vermont, Melinda Vieux, President of Green Up Vermont, and VSAA President Parker Riehle, resorts competed to win awards in environmental stewardship. Categories looked closely at improvements made to waste reduction, water consumption, carbon footprint, Green Up Day participation and combined environmental efforts.

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The Vermont Community Loan Fund (VCLF) has announced the launch of the Food, Farms & Forests Fund, a new capital resource dedicated to investing in Vermont's healthy foods, sustainable agriculture and natural resources enterprises. A kick-off celebration is scheduled for the evening of May 20th at Shelburne Farms. A short program will outline the goals and opportunities the new Fund presents in Vermont’s food and farm financing landscape. The launch celebration will also showcase the work being done by current VCLF borrowers in this area, and feature foods produced by VCLF borrowers.

“The new Food, Farms & Forests Fund is an important extension of the work the Loan Fund has been doing for twenty years, providing flexible financing and financial services to Vermont’s family farms, food and working landscape businesses,” said VCLF Executive Director Will Belongia.

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Expert Drain Care, LLC, a Brattleboro-based corporation that does business as Roto Rooter and Monadnock Septic, was convicted of three felony environmental crimes in Vermont Superior Court, Brattleboro Criminal Division last week. Pursuant to a plea agreement with the Vermont Attorney General's Office, Expert Drain Care pled no contest to one count of transportation of solid waste without a permit, one count of illegal disposal of solid waste, and one count of false claims. In addition to the three felony convictions, Expert Drain Care must pay a $5,000.00 fine and related court costs.

"This business tried to cut a few corners to save a few hundred dollars on permit fees and ended up with three felony convictions and thousands of dollars in fines," said Attorney General William H. Sorrell. "Vermont businesses should be on notice that we take the enforcement of Vermont’s environmental laws and regulations very seriously," he added.

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by Don Turner Last November, Vermonters sent a clear message that the status quo no longer worked for them. Vermonters told us that we needed to get to work to return Vermont to a sound and sustainable fiscal path, work to make Vermont a more affordable place to live and work to grow our economy so that the next generation of Vermonters will have more opportunities than we have had.

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Kathy Giusti, Founder and Executive Chairman of the Multiple Myeloma Research Foundation (MMRF) and a long time New Canaan resident, delivered the 214th Commencement Address to the graduating class of the University of Vermont (UVM) College of Life Sciences and Agriculture on May 17, 2015. Giusti graduated from UVM in 1980 and received an Honorary Doctorate in Humane Letters in 2013. She received her MBA from the Harvard Business School in 1985.

Giusti spoke to a vibrant group of over 1,000 graduates, their family and friends, about preparing for the unexpected in life, and transforming these unexpected moments into the opportunities that will shape the future.

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The Vermont Department of Health is offering grants to small businesses with between five to 50 employees to create worksite wellness programs. The Working Toward Wellness grants provide funding and technical assistance to develop seven workplace wellness programs at seven sites across the state: Bennington, Brattleboro, Burlington, Middlebury, Morrisville, Newport and White River Junction.

“Worksites are a great place to focus on changing health behaviors by encouraging and supporting healthy eating and physical activity habits,” said Health Commissioner Harry Chen, MD.

Worksites will be given a one-time award of $3,000 to help start up a wellness program with a focus on increasing the physical activity and healthy eating opportunities for employees. Worksites will be matched with Health Department staff from their area district office who will work closely with them throughout the grant year to:

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Senator Patrick Leahy (D-Vt.) Monday joined local, state and federal officials to break ground on Burlington’s new Downtown Transit Center, a project 15 years in the making. Leahy, the most senior member of the Senate Appropriations Committee, played a pivotal role in securing $8 million for the long planed center, as well as nearly $40 million in federal funding for public transit stations and buses across Vermont over the past 15 years. Burlington Mayor Miro Weinberger, Vermont Transportation Secretary Sue Minter, Chittenden Country Transit Authority (CCTA) leadership and representatives of the Federal Transit Administration joined Leahy for the ceremony.

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by Public Assets Institute Desperate to find a way to reduce property taxes, the Vermont Legislature’s latest idea is to increase property taxes in scores of communities. Huh? Seriously. The plan is to impose property tax penalties on districts with per-pupil spending that is higher than the Legislature thinks it should be. Each school district will have its own assigned spending threshold per pupil, and voters will pay a tax penalty if their district exceeds the threshold.

According to data from the Agency of Education, about 150 school districts in Vermont would have to keep their per-pupil spending growth under the rate of inflation in fiscal 2017 in order to avoid additional tax penalties. In other words, more than half of the school districts in the state would face an extra property tax hike if their spending per pupil just kept pace with normal cost-of-living increases.

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On Saturday and Sunday, May 16 and 17, Vermont Tech celebrated the college’s 149th annual commencement ceremony. The Ceremony returned to Vermont Tech’s Randolph Center campus location for the first time in more than five years. Vermont Tech graduates students in both bachelor’s and associate’s degree programs.

“Leave here today with the confidence that graduates from this college will lead the way, because you know how to get things done,” said Vermont Tech President Dan Smith to the graduating class. “That is the exception in this day and age.”

NASA Flight Director Zebulon Scoville, a native of Middlesex, Vermont, and graduate of Union 32 High School in East Montpelier, returned to Vermont to inspire and encourage Vermont Tech’s graduates with this year’s commencement speech.