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Personal Finance

State Sets Hearing for Health Insurance Increase Request

Connecticut Public Radio | By The Associated Press
Published July 7, 2015 at 12:46 PM EDT
Connecticut Insurance Commissioner Katharine Wade was nominated by Governor Dannel Malloy earlier this year.
Governor Dannel Malloy
/
Office of Gov. Dannel Malloy
Connecticut Insurance Commissioner Katharine Wade was nominated by Governor Dannel Malloy earlier this year.
Credit Chion Wolf / WNPR
/
WNPR
State health care advocate Vicki Veltri in a file photo.

Connecticut Insurance Commissioner Katharine L. Wade has ordered public hearings on proposed rate increases by three health insurers that would affect more than 70,000 policyholders next year.

Anthem Health Plans Inc. is seeking a 4.7 percent increase, andConnectiCare Insurance Co. is proposing a 9.8 percent hike, each for about 34,000 policyholders. Golden Rule Insurance Co. has proposed an 18.5 percent increase for 2,000 customers.

Anthem said the rates take into account federal mandates, rising medical costs and increased demand.

ConnectiCare said it's accounting for medical inflation, rising demand and increased taxes. The hearings are scheduled for July 27 in Hartford. 

State Health Care Advocate Vicki Veltri said members of the public must have more opportunities to offer their views as access to health insurance is broadened by the federal health care law.
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Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.

Donate

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