The stakes are even higher this year because the state Insurance Department’s final decision on the rate requests will influence whether the two remaining insurers on Connecticut’s health insurance exchange, Access Health CT, return in 2018.
2017 insurance rates
Posted inHealth
Health insurance brokers set to exit exchange if commissions go
As state regulators consider rate proposals for next year, both of the carriers set to remain on the exchange – Anthem and ConnectiCare – could eliminate their commissions for brokers in 2017, creating uncertainty as brokers and customers plan for the coming year. Many brokers have indicated they will leave the exchange if they will not receive sufficient compensation.
Posted inHealth
Health insurers face outcry over requests for sharply higher rates
After proposing sharp rate increases for next year’s health insurance plans for individuals and small groups, a trio of insurers faced a barrage of criticism from elected officials and the public during a series of hearings Wednesday and Thursday.