CT residents can sign up for health coverage on the state’s Affordable Care Act Exchange through Jan. 15, and an increasing number of people are enrolling.
Costs will rise by an average of 9.4% next year. Lawmakers say they will introduce a bill next session to overhaul CT’s rate review process.
Insurers cited the end of enhanced federal ACA subsidies as the reason for rate hikes. But Congress was ready to pass a 3-year extension.
Insurers that sell policies on and off Connecticut’s Affordable Care Act exchange asked for an average increase of 20.4% on individual plans.
The public can comment on Connecticut insurers’ proposed individual health plan cost increases, which average 20.4%, at the Hartford meeting.
The steep rate increase requests stunned advocates, who fear people will not be able to afford health insurance if they are approved.
With the pandemic still lingering, Access Health CT is trying to reach the state’s uninsured population.
Consumers will see higher rates in many health insurance plans, though not as high as insurance companies had sought.
The proposed average rate increase for individual health plans next year is 8.6%, compared to 6.3% in 2021.
As many as 40,000 people are expected to qualify for the free insurance.
Momentum surrounding a public option bill and a prescription drug proposal has slowed. Here’s why.
Many residents who didn’t previously qualify for premium tax credits will be eligible starting in May.
With the rising cost of care a central issue this legislative session, lawmakers and Gov. Ned Lamont’s administration have each moved ahead with their own plans aimed at driving down prices.
Lawmakers want to revive a tax on carriers to support additional subsidies on the exchange, expansion of Medicaid.
In Connecticut, health officials say that if the ACA falls, the impact could be devastating.