premium increases

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Obamacare open enrollment to begin amid shaky insurance market

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

Open enrollment for health care coverage next year begins next week amid uncertainty over the future of the Affordable Care Act and big increases in premiums for individuals and businesses that do not qualify for subsidies. Nevertheless, the health care law is still in effect and those required to enroll in a plan will face increasing penalties by the Internal Revenue Service if they fail to do so. Continue Reading →

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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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Even with Obamacare’s survival, a shakeup in CT healthcare system threatens

WASHINGTON – Even though the U.S. Senate failed to repeal the Affordable Care Act, some Connecticut residents might lose subsidies that would help pay their premiums while others could see sizable increases in their  premiums or a smaller choice of plans. Continue Reading →

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