The store, in a 6,000-square-foot former brew pub space, is the first run by a health insurance company in Connecticut, but there’s precedent in other states.
WASHINGTON – UnitedHealthcare, the nation’s largest health insurer and former potential suitor to merge with Cigna, provided the Justice Department with a large amount of sensitive, proprietary and confidential information to help the government investigate and block the mergers by its rivals.
It has been a tumultuous year for Connecticut’s state health insurance exchange, but the latest – and most significant – blow could come Monday if its largest insurer decides not to offer plans next year.
WASHINGTON — Aetna’s decision to abandon 11 state Affordable Care Act marketplaces combined with the shrinking participation of other insurers has prompted Washington advocates to look for new ways to strengthen state marketplaces like Connecticut’s Access Health CT. Republicans, meanwhile, have renewed their calls for the ACA’s repeal.
In the wake of a state order halting new enrollment in Connecticut’s co-op health insurer, HealthyCT, the state’s health insurance exchange faces growing challenges as it prepares to lose two of its four carriers.
UnitedHealthcare will stop offering plans through Connecticut’s health insurance exchange after this year, continuing the company’s departure from the state-level marketplaces created by the federal health law.
The Connecticut Insurance Department has blocked UnitedHealthcare’s plan to stop paying broker commissions for plans sold through the state’s health insurance exchange, but will let them pay a lower rate.
Updated at 6:50 p.m.
In all, 116,019 Connecticut residents signed up for private insurance through the state’s health insurance exchange, Access Health CT, during the open enrollment period that ended last week, officials said Monday.
ConnectiCare continues to lead the market among customers of Connecticut’s health insurance exchange, with 52 percent of the nearly 109,000 people signed up so far for 2016 coverage.
UnitedHealthcare plans to stop paying commissions for insurance policies offered through exchanges beginning Jan. 1, a move brokers say signals the company’s retreat from Obamacare business.
More than 5,400 new customers have bought private insurance through the state’s health insurance exchange since Nov. 1, a group that includes more young adults and more people who qualify for subsidized coverage compared to the current customer base.
Most insurance companies selling health plans in the state’s individual market will get to raise customers’ premiums in 2016, but not by as much as they proposed, and one major carrier will have to lower its rates, according to decisions released by the Connecticut Insurance Department Saturday.
In filings with state regulators, the companies cited varying reasons for lowering their proposed rate hikes for 2016 – ranging from lower claims costs to plans to cover a narrower network of health care providers.
Washington – The nation’s health insurers, including leading companies like Aetna, are hoping the Supreme Court does not strike down a provision of the Affordable Care Act that has brought them millions of new policyholders and provided new growth opportunities for the industry.
WASHINGTON — As House Republicans once again voted to repeal the Affordable Care Act this week, there was further evidence the controversial bill is contributing to the good health of some of the nation’s major health insurers.