Rate increase requests range from 5.9% to 26.1%, and do not take into account any expiration of federal subsidies.
By Karla Ciaglo, CTNewsJunkie.com
Connecticut residents who rely on the state’s Affordable Care Act marketplace and small group health plans may soon face sharp increases in 2026 premiums, with insurers seeking double-digit hikes that regulators and lawmakers say could rival recent utility “rate shocks.”
Insurance Commissioner Andrew Mais laid out what’s at stake at Monday’s Insurance Department hearing. Seven carriers submitted eight filings affecting about 224,000 residents, including 70,000 small business employees.
The companies seeking increases include Anthem Health Plans, CTCare Benefits Inc., Oxford Health Plans/Insurance Inc., and UnitedHealthcare Insurance C