Posted on August 2, 2022
HARTFORD – As you may have heard, insurance companies have proposed increasing rates in Connecticut in 2023 for individual and small group markets by an average of more than 20%. These rate increases would impact more than 200,000 people statewide.
And if you haven’t already heard, Harvard Pilgrim Health Care has also decided to leave the Connecticut market.
The Connecticut Insurance Department has scheduled a hybrid public meeting for Monday, August 15 at 9 a.m. Members of the public can attend the hearing either in person at the Legislative Office Building in Hartford, or via Zoom, and will have the opportunity to ask questions and be heard about these proposed rate hikes.
The meeting can also be viewed on CT-N.
Anyone wanting to speak at the meeting via Zoom can sign up by sending an email to cid.RateFIlings@ct.gov with your name and contact information. Written comments can also be emailed to that same email address no later than Friday, August 22, 2022. Anyone who wants to speak in person can sign up on the morning of August 15 at the Legislative Office Building beginning at 8:30 a.m.
Comments at the hearing will be limited to 3 minutes per person. Rate proposals have been filed by Aetna, Anthem Health Plans, and United Healthcare/Oxford for the 2023 plan year. The health insurance rate requests are available for viewing and open to public comment online here, and on the Department’s website.
People deserve answers as to why these rates are increasing at such a drastic rate. We are already dealing with sky-high gas prices and higher costs for staples at the grocery store that are straining our budgets. Now, on top of that, we are facing yet another increase for the cost of insurance.