A quarterly review of Company and industry news for Medical Mutual member-policyholders.
About Us » Publications & Announcements
The Advocate
Third quarter 2007
And Vermont Makes Three
Just in time for the year’s first renewal notices, Medical Mutual
recently announced that the Company’s rates for both physician
and hospitals in Vermont would remain unchanged for the coming
year. The announcement was made in a letter from Company
President and CEO, Terrance Sheehan, MD, to all Vermont policyholders
on October 5, 2007.
Sheehan said, “I have always believed that Vermont’s claims
activity would level off, allowing (members there) to experience
the same kind of rate stabilization that has already occurred in
our other two states. Thankfully, that day has arrived in time to
impact your renewal rates for the upcoming year.”
The announcement came on the heels of the Company’s completed
rate evaluation for Vermont. With this latest rate announcement,
all three states Medical Mutual serves will now see flat rates
for the current policy year.