Anthem is asking for an 15.2 percent average rate hike on individual policies and ConnectiCare wants to increase premiums by an average of 4.9 percent.
WASHINGTON – A new federal report shows that enrollment in Connecticut’s Affordable Care Act marketplace increased this year, even as the cost of health insurance rose sharply. The report also said that 75 percent of those purchasing insurance through Access Health CT get federal help in paying for their premiums.
WASHINGTON — Sen. Chris Murphy on Tuesday helped launch a Democratic initiative that blames Republicans for “sabotaging” the Affordable Care Act, leading to sky-high health insurance premiums. Advocates for the ACA predict premiums for individual policies sold on Access Health CT will jump an average of 16.5 percent.
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.
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.
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.
WASHINGTON — With uncertainty threatening the Affordable Care Act, states including Connecticut are making attempts — some more extensive than others — to keep insurers in their health care exchanges.