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After rate hike rejected, Anthem to decrease premiums next year

Anthem Blue Cross and Blue Shield’s individual-market customers will, on average, see a slight decrease in their premiums next year under new rates approved by the Connecticut Insurance Department. The company initially sought to raise rates by an average of 12.5 percent, but the Connecticut Insurance Department said no. Continue Reading →

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Insurance department rejects Anthem rate hike, lowers others

This is a picture of Insurance Department hearing officer Paul Lombardo, who will issue a recommendation on Anthem's rate proposal.

The Connecticut Insurance Department rejected Anthem Blue Cross and Blue Shield’s request to raise individual-market premiums by an average of 12.5 percent next year, deeming the proposal excessive and directing the carrier to submit new rate proposals for review. Continue Reading →

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Anthem links rate hike proposal to Hepatitis C drugs, state law

Generations Family Health Center CEO Arvind Shaw asks the insurance department to reject Anthem's proposal.

Updated 1:50 p.m. Anthem Blue Cross and Blue Shield officials said Friday that the company needs to raise rates on its individual-market policies by an average of 12.5 percent to account for rising pharmaceutical costs, particularly costly new Hepatitis C drugs. Customers, meanwhile, blasted the company for proposing to raise prices on coverage they say is already unaffordable. Continue Reading →

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Healthcare advocate wants hearing on Anthem rate request

Photo of State Healthcare Advocate Victoria Veltri

State Healthcare Advocate Victoria Veltri has asked the Connecticut Insurance Department to hold a public hearing on Anthem Blue Cross and Blue Shield’s proposal to raise premiums for its individual-market health plans by an average of 12.5 percent next year. Continue Reading →

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Exchange premiums could rise more than 10 percent next year — or drop, for some

This is a picture of the Anthem Blue Cross and Blue Shield logo at the company's Wallingford headquarters

Two insurers selling health plans through Connecticut’s exchange want to raise rates by more than 10 percent next year, while a third wants to lower its premiums, according to proposals filed with the Connecticut Insurance Department. Continue Reading →

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