UnitedHealthcare terminating commercial insurance contract with UVMHN April 1
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Since last year, The University of Vermont Health Network has worked to reach a new agreement on behalf of patients who receive commercial insurance through UnitedHealthcare. Despite many attempts to preserve patient access to care, United, one of the nation’s largest for-profit insurers, has decided to allow that contract to expire as of April 1, 2023, in line with state requirements that may lead to some coverage in New York being extended through June 1.
“This will have a serious impact on our patients who subscribe to UnitedHealthcare’s commercial insurance, and we are disappointed they have made this decision rather than attempt to come closer to payment rates approved by the Green Mountain Care Board that more accurately reflect the cost of providing health care in 2023 and align with rate increases negotiated with other Vermont payers,” said Sunny Eappen, MD, MBA, President and Chief Executive Officer of The UVM Health Network. “Our obligation is to our patients, families, staff and communities, not to UnitedHealthcare shareholders, and we will continue working hard to provide high-quality patient care while remaining one of the lowest cost health systems in the country, and doing our best to support patients who will be impacted by this decision.”