The Courant\’s Matt Sturdevant reports that the state Insurance Department has released the approved monthly rates for companies selling on the state\’s new health insurance exchange. Here\’s how the companies stacked up across three of the four levels of individual and insurance plans that will be available in the new marketplace:
Rates for the highest-level plan, known as \”platinum,\” were not released Monday. Aetna withdrew its application to be in the exchange on Friday because it disagreed with changes the department made to its rates.
In a statement Monday night from Congressman Jim Himes\’ office, Connecticut\’s all-Democrat delegation said: \”Today’s announcement is further proof that health care reform is working for residents across Connecticut. People who currently cannot afford insurance will particularly benefit from reduced costs that resulted from the rate review process and the tax credits that will make health care even more affordable, for both individuals and small businesses. Lower costs, and increased access and transparency, bode well for the future of health care in Connecticut and across America.”