Connecticut Insurance Department

Recent Posts

Insurers say they need big premium boost for ‘silver’ plans if ACA subsidy ends

This is a picture of Access Health's New Britain store

WASHINGTON — ConnectiCare says it needs to hike the cost of popular “silver” plans sold on the Access Health CT for 2018 by more than 50 percent, and Anthem says it needs to increase premiums on its silver plans by more than 43 percent if the Trump administration ends a program that subsidizes out-of-pocket payments for low- and moderate-income Americans. Continue Reading →

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State asks Anthem, ConnectiCare, to file new rates

WASHINGTON – The Connecticut Insurance Department on Wednesday asked Anthem and ConnectiCare to submit new rate filings for 2018 based on the possibility the federal government would stop “cost-sharing reduction” payments to the insurers that subsidize lower co-payment and deductibles for low-income Americans. Continue Reading →

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Wade may be fined for withholding records on Aetna-Humana merger

In a proposed ruling, a Connecticut Freedom of Information Commission hearing officer has determined the Insurance Department failed to prove the records were exempt from disclosure and has recommended a rare civil fine against Commissioner Katharine Wade. The commission is scheduled to consider the case June 28. Continue Reading →

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Health insurers seek big rate hikes, blame Obamacare’s uncertain future

This is a picture of Access Health's New Britain store

WASHINGTON — The state’s health insurers are asking for sizeable rate increases for individual and small-business policies sold in 2018, led by Anthem, which is seeking an average 33.8 percent increase on plans covering individuals and their families. Continue Reading →

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Insurance Department will seek to liquidate HealthyCT

This is a picture of HealthyCT CEO Ken Lalime

The Connecticut Insurance Department plans to seek a court order to liquidate insurer HealthyCT at the end of the year, after an appointed overseer’s report that the nonprofit company – created with federal funds made available through Obamacare – is insolvent. Continue Reading →

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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. Continue Reading →

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CT ethics board to consider Common Cause petition seeking Wade investigation

Connecticut ethics officials will consider a petition filed by Common Cause late Monday that asks them to rule on whether Connecticut Insurance Commissioner Katharine L. Wade’s ties to her former employer, Cigna, require her to recuse herself from reviewing a proposed merger of Cigna and Anthem. The Citizen’s Ethics Advisory Board will vote Thursday on whether a review will be done. Continue Reading →

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Major health insurers seek sharply higher rates in Connecticut

Some of Connecticut’s major health insurers are seeking rate increases far beyond medical inflation, including an average increase of 26.8 percent for the individual plans offered by the state’s biggest insurer, Anthem Health Plans, according to requests released Monday. The filings come as the insurance industry, state Insurance Commissioner Katharine Wade and her department are under intense scrutiny over proposed mergers. Continue Reading →

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