requested an average hike of 12.7% for individual policies that cover 64,482 people. The suggested increases range from 8.9% to 22.1%.ĬTCare Benefits Inc. The company is also asking for an average hike of 14.9% on small group plans that cover 27,565 people. The proposed increases range from 6.8% to 13.6%, depending on the policy. Three insurers are selling policies on the exchange: Anthem Health Plans, CTCare Benefits Inc., and ConnectiCare Insurance Company Inc.Īnthem is seeking an average increase of 9.8% on individual plans that cover 33,939 people. What kind of rate hikes are insurers seeking?

Here’s what to know about the requests and how to sign up for the hearing. So it’s the same story as we’ve seen the past few years - a lot more expenses for the average family to absorb,” said Ted Doolittle, the state’s health care advocate. “Nobody out there is getting a 12.4% wage increase.

Last year’s public hearing also drew legislators and health care advocates. Officials with the insurance department and representatives of several insurance companies are expected to attend. Testimony can be shared in person at the Legislative Office Building, 300 Capitol Ave. The public will have a chance to weigh in at 9 a.m.

The requests are smaller than what carriers sought last year for 2023 health plans but significantly higher than in previous years. Attorney General William Tong said the proposed increases are “simply unaffordable for too many Connecticut families.” Insurance companies selling policies on and off Connecticut’s Affordable Care Act Exchange have asked for an average hike of 12.4% on individual health plans next year and 14.8% on small group plans. Leaders at the state’s insurance department, now considering rate hikes on many 2024 health plans, have scheduled a public hearing so residents can comment on the suggested increases.

Connecticut casino public hearing