Posted: April 19, 2013 15:04
Welcome to Mississippi’s Rate Review Website. I am very excited about the launch of this site and hope that you will find it to be a useful tool for learning about health insurance rates and researching rate information regarding your insurance plans. On this site you will find rate information for major medical policies, specified disease policies, long term care policies, disability insurance policies and Medicare Supplement policies.
One question that I am constantly asked is “why do my insurance rates continue to rise?” As both a regulator and a consumer I am sensitive to and frustrated by the continued need for rate increases that seem to get larger and larger. Unfortunately, the truth is that I have little more control over rate increases than the average consumer does. These increases are typically based on factors beyond which any of us have any direct control. These factors include the rising costs of medical care, inflation and changes in state and federal law. Up until now there have been few resources for consumers to use that allow them direct access to the information used to determine rates.
The purpose of this site is to provide consumers with a transparent and comprehensive educational resource regarding health insurance premiums. My hope is that consumers will use this site to help understand how premium rates are set and what factors contribute to rate changes. Once consumers are armed with this information, they can use it to make efforts that will hopefully one day stabilize the escalating costs of healthcare in this country and lower the rates we all pay for health insurance.
I invite you to please explore our site and do not hesitate to contact us if you have any comments or questions. This site is a resource for you and is a work in progress so I invite any suggestions that you may have.