Vermont’s largest health insurer wants to offer a cheaper plan. Can it actually help Vermonters?

BlueCross BlueShield of Vermont proposes new lower-premium, higher-deductible health plans called Vermont Basic, but the Green Mountain Care Board is delaying approval, questioning whether the plans offer genuine savings. The insurer warns that delayed approval could lead to withdrawing the plans, as the higher deductibles and narrower networks may shift costs to consumers.