Overall health insurance organizations not too long ago submitted a stunning double digit well being insurance policy charge hike request to the Connecticut Insurance plan Section (CID) for administrative acceptance. These proposals averaged a lot more than 20 % for individual and small business enterprise wellness insurance plan options that start out in 2023.
These proposed rate will increase are staggering and infuriating. We want authentic legislative motion and industry answers. Families and really hard-operating small companies are currently getting crushed by historic inflation, COVID impacted troubles, tax improves, and dwelling in a condition they really like but is escalating additional unaffordable by the day. Total affordability is a crisis in our state and this crushing wellness insurance plan rate boost will exponentially add to that.