ConnectiCare Becomes Second Insurer To Propose Rates For Public Exchange

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ConnectiCare Benefits Inc. submitted its proposed rates for individual and small-group health plans that will be sold starting in October on the state’s public health exchange, Access Health CT, for coverage next year.

ConnectiCare said the federal and state regulatory environment since the Affordable Care Act passed has been “unclear, confusing and fluid” with thousands of pages of regulations.

“Many of these regulations are complex, vague, incomplete and even contradictory,” Neil S. Kelsey, vice president of ConnectiCare’s Actuarial Services, wrote in a May 17 letter included in the filing. “In a number of areas, regulations have not even been provided.”

Given the uncertainties, ConnectiCare reserves the right to withdraw or change its filings if a change in regulations pose a potential adverse risk to the company, Kelsey wrote.

ConnectiCare is proposing a base rate of $397 per month for individual plans, which doesn’t take into account adjustments for age and geographic area. Individual plans could be more expensive in Fairfield, New Haven, New London, Tolland and Windham counties. Rates could be lower in Hartford, Litchfield and Middlesex counties.

The proposed premium for small-group plans would be offered at a base rate of $716 per month, though it could be more expensive in Fairfield and Middlesex counties and less expensive in Hartford, Litchfield, New Haven New London, Tolland and Windham counties, according to the filing.

ConnectiCare offers individual and group plans on its own private exchange and through the Connecticut Business & Industry Association.

“ConnectiCare remains committed to Connecticut and the successful implementation of health care reform, which includes the state exchange,” Michael Wise, president of ConnectiCare Health Plans, said in a prepared statement.

ConnectiCare is only the second insurer to submit proposed rates to state regulators. Earlier this month, HealthyCT Inc., the newly formed Consumer Operated and Oriented Plan established by the Affordable Care Act, requested monthly rates averaging $445.63 for small-groups and $427 for individuals.

The state’s public exchange, Access Health CT, is slated to be an online marketplace available to consumers on Oct. 1.

About Matthew Sturdevant

Full-time staff journalist at The Hartford Courant and magazine freelancer with a master's degree in writing from Dartmouth. My work has appeared in The Los Angeles Times, The Chicago Tribune, Taiwan News, The Baltimore Sun and many other news sources. My blog has been referenced by, the Kaiser Family Foundation, the Georgetown Law Library and a number of organizations in healthcare and business. Sturdevant’s blog is "a well-written wealth of ideas," said The Donald W. Reynolds National Center for Business Journalism, (, May 18, 2011). I have experience writing for newspapers, magazines, Web sites and blogs as well as shooting and editing video. I made regular appearances on news-talk radio and on the NBC affiliate station in Corpus Christi, Texas. I made occasional appearances on the Fox affiliate in Connecticut promoting Hartford Courant articles.

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3 thoughts on “ConnectiCare Becomes Second Insurer To Propose Rates For Public Exchange

  1. Mike Leone

    CIGNA had filed their rates also. You have to run the math after the base rate. Each company has very different factors, making the base rate meaningless. By my math, for individual rates Healthy CT is the lowest, CIGNA is 2% higher, Connecticare is 17% higher. I’d love to be corrected if I am wrong.

  2. Richard

    I’m reading $397 for Connecticare for individuals and $427 for Healthy CT Mike Leone. What did I miss?

    1. Mike Leone

      I believe ConnectiCare calls their bottom line rate a “base rate” and it’s $397 for individual. Healthy CT calls their bottom line rate an “index rate” and it’s $264. To get to a silver level plan in Hartford county for a 30 year old the math is: ConnectiCare- $397base x .9760area x .7326plan x 1.135age=$322
      HealthyCT-264 x .916area x 1plan x 1.135age=$275

      I could be wrong here, I’m just reading the filings and following their stated method of calculating the rate

      I’m not an actuary, though I did stay at a Holiday Inn Express last night!

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