Connecticut Reviewing Health Insurers’ Rate Hike Requests

June 8, 2016

Connecticut’s Department of Insurance is reviewing rate increase requests filed by 14 health insurance companies that range on average from 2.1 percent to 32 percent.

The private plans, offered on and off the state’s health insurance exchange, provide coverage to more than 330,000 state residents.

Public comment on the proposed increases began Monday.

Connecticut Insurance Commissioner Katherine Wade has called for public hearings in August on three requests for individual plans offered by some of the state’s largest health insurers, Anthem Health Plans, ConnectiCare Insurance Co. and Aetna Insurance Co.

Those hearings will be held in Hartford.

The Department of Insurance says the proposed increases are being driven by several factors, including rising health care costs, such as increases in pharmacy costs and a greater demand for medical services.

Topics Carriers Pricing Trends Connecticut

Was this article valuable?

Here are more articles you may enjoy.

Latest Comments

  • June 8, 2016 at 7:59 pm
    Yogi Polar Berra says:
    Nancy Pelosi: "We have to pass it to find out what's in it." ACA = kidney stone.
  • June 8, 2016 at 4:31 pm
    steve says:
    and also in the news today was another health co-op biting the dust. the majority of them now are history, with the costs to be picked up by "Somebody Else", which is the basi... read more
  • June 8, 2016 at 2:48 pm
    FFA says:
    Wonder how the Dems will spin it when the rate hikes hit the mail in early November. "Its Bushes Fault"?. obama made Trump necessary.

Add a CommentSee All Comments (4)Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features