Insurance Department Releases Rates For Plans Sold On Health Exchange

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Connecticut consumers got their first look Monday at the price of health insurance plans to be sold on a state public health exchange this fall for coverage next year.

 

Regulators at the state Insurance Department reviewed rates proposed by insurers and made modifications to them. On Monday, the department released all of the approved monthly rates. This concludes a process that started in May when insurers such as Aetna, Anthem Blue Cross and Blue Shield in Connecticut, ConnectiCare, UnitedHealthcare and HealthyCT submitted their proposals for health plans to be sold through the new online marketplace, or exchange.

The lowest-cost plans for individuals are offered by ConnectiCare Benefits Inc., according to documents posted Monday afternoon on the Insurance Department’s website. Health insurance premiums have to be approved by the department before they can be sold on the health exchange, called Access Health CT.

In order to show the extent of coverage within health plans, each is categorized based on a scale of precious metals — platinum for the most robust coverage, followed by gold, silver and bronze. Platinum rates were not published in documents released Monday.

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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 Politico.com, 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, (businessjournalism.org, 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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