Concerned about the proposed increases in health insurance rates? Connecticut residents can participate in a hearing on August 15. – Hartford Courant

The general public can have the chance to precise their opinion on a request by insurance coverage corporations to extend the price of particular person well being plans within the subsequent yr by a mean of 20.4%.

The state Division of Insurance coverage has scheduled a public listening to for August 15 beginning at 9 a.m. The listening to, often held within the state workplace constructing downtown, will happen within the Legislative Workplace constructing on Capitol Avenue in Hartford. The occasion has been moved to accommodate what is predicted to be a bigger than normal crowd.

Listening to can have a blended components, with some folks testifying in individual and others testifying nearly. Insurance coverage firm representatives can have time to elucidate their fee hike requests, and officers from the insurance coverage division will ask questions.

Just about anybody who needs to testify can join by sending an electronic mail to cid.RateFilings@ct.gov with their identify and written notes by midday on August 12.

Those that want to testify in individual could register on the Legislative Workplace constructing on session day, beginning at 8:30 a.m., and oral notes can be restricted to 3 minutes per individual.

Along with the massive common enhance in particular person plans, insurers that promote insurance policies out and in of Connecticut’s Reasonably priced Care System are looking for a mean enhance of 14.8% over small group plans!

The requested will increase are a lot larger than these required final yr for well being insurance policies for 2022. In 2021 carriers requested a mean rise of 8.6% on particular person plans and 12.9% on small group plans.

The proposals have drawn criticism from well being care advocates, who worry extra folks will forgo protection as a result of they can not afford it.

“It is superb,” Lynn Eddy, program chief for outreach and engagement at Connecticut’s World Healthcare Basis, mentioned final month. “ these quotes, the ranges are off the charts.

“Our greatest concern proper now could be that, together with inflation and the fallout from COVID, these proposed will increase are inflicting issues. Our concern is for folks to try this and determine to not get well being protection, as a result of they can not afford it.”

“My jaw hit the bottom, in fact,” added Ted Doolittle, the state’s well being care advocate. “I’m very involved that individuals will go with out protection due to these excessive costs. Insurers and suppliers have to elucidate to folks within the state why that is inevitable and there’s no different.”

Lawyer Basic William Tong has requested a personal listening to that can permit officers to collect proof and completely query insurance coverage corporations in regards to the proposed will increase. Officers will have the ability to query witnesses and provides their testimony in a public place.

Up to now, the Division of Insurance coverage has not accepted this request, as a substitute opting to coordinate the standard media hearings it has pursued in recent times.

Three insurance coverage corporations promote insurance coverage insurance policies on the inventory trade: Anthem Well being Plans and CTCare Advantages Inc. and ConnectiCare Insurance coverage Firm Inc.

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Anthem requested a mean enhance of 8.6% for particular person insurance policies protecting 27,698 folks. The proposed modifications vary from a lower of 1.8% to a rise of 16.1%, relying on the plan.

The corporate additionally sought a mean enhance of three.6% on small group insurance policies protecting 19,271 residents. Steered modifications vary from a lower of 1.2% to a rise of 26.3%.

CTCare Advantages requested a mean enhance of 24.1% over particular person plans protecting 75,003 folks. Steered modifications vary from a rise of 18.7% to 33.2%, relying on the coverage.

It additionally sought a mean enhance of twenty-two.9% over small group plans protecting 3,476 residents (will increase vary from 20% to twenty-eight.9%).

ConnectiCare Insurance coverage Firm, which solely sells particular person insurance policies on the trade, requested for a mean enhance of 25.2% for plans protecting 8,782 folks. The proposed will increase vary from 17.1% to 32.2%.

The insurance coverage division will decide this fall on how a lot, if any, the rise can be awarded to varied well being plans.

The 2023 Well being Insurance policies open registration begins on November 1.