Friday, May 9, 2025
5/9/2025
2010 Grant to States for Health Premium Review - Cycle I - Office of the Lieutenant Governor, Division of Banking and Insurance U.S. Virgin Islands Rate Review Grant Project Abstract Rate Review Grant Application for $1 Million Objectives of the Proposed Project: • To ensure that increases in health insurance premiums and rate filings are thoroughly evaluated and, to the extent permitted by Virgin Islands law, rules and regulations, approved or disapproved through a comprehensive rate review process that is meaningful and transparent to the public, enrollees, policyholders and the HHS Secretary; • To ensure that the territory develop the infrastructure to collect, analyze and report to the Secretary critical information about rate filings and the review and, to the extent permitted by Virgin Islands law, rules and regulations, the approval and disapproval process; and • To improve our knowledge base and increase capacity to perform effective surveillance of the U.S. Virgin Islands health insurance markets and the insurers within our regulatory
HHS’ Tracking Accountability in Government Grants System (TAGGS) website provides access to detailed descriptions of grants, loans, aggregated direct payments and other types of financial assistance awarded by the HHS Operating Divisions (OPDIVs) and the Office of the Secretary Staff Divisions (STAFFDIVs).