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Sat Jul 13, 2019, 10:47 PM

Anthem, ConnectiCare seek premium increases for 2020 policies

Insurers that sell policies on Connecticut’s Affordable Care Act exchange, Access Heath CT, are seeking premium increases for their 2020 policies, basing their requests largely on a new federal tax that will be imposed next year.

Anthem Health Plans filed a rate request earlier this month for an average 15.2 percent increase for the health plans it sells to individuals both on and off the exchange. Those policies cover about 27,300 people, Anthem said.

“Anthem’s annual rate filing is a normal course of business,” the company said in a statement. “We look forward to working with the state and continuing the regulatory process.”

Many more Connecticut residents who seek insurance policies through Access Health CT are covered by the second insurer who sells policy on the exchange, ConnectiCare, which has filed a request to increase rates for individual health plans sold on that exchange by 4.9 percent. ConnectiCare said there are about 75,600 people covered under these policies.

Read more: https://ctmirror.org/2019/07/12/anthem-connecticare-seek-premium-increases-for-2020-policies/

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