Connecticut regulators asked to reject Anthem’s rate increases

Health insurance policyholders begged state regulators to deny Anthem’s desired 33.8 percent average rate increase for 2018, labeling it excessive and unaffordable, according to Hartford Courant.

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After a large increase this year, Anthem’s request for higher rates in 2018 would lead to a more than 80 percent hike in insurance prices in two years, according to the report.

Anthem’s premium increases would affect about 35,000 insured individuals.

The Connecticut Insurance Commissioner is expected to make decisions regarding the proposed rate increases this summer. 

More articles on payer issues:
California exchange will tell insurers to raise premiums if ACA subsidies aren’t secured 
Florida Blue to sell individual ACA exchange policies for 2018
UnitedHealthcare, University of Chicago contract disagreement could affect 8k

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