A new health insurance co-op that hopes to offer coverage next fall for the following year has its first chief executive.
HealthyCT, the consumer-operated and oriented plan, announced Wednesday that Ken Lalime, 56, is the first CEO. Lalime was among 175 candidates. The Norwalk resident has served as interim chief operating officer of HealthyCT and starts in his new job on Jan. 1.
Some young people are likely to experience sticker shock when shopping for health insurance next year, as new regulations take hold to reduce price variation based on age.
A limit on pricing by age is among the many new federal regulations that will apply to health plans sold in the fall of 2013 for the 2014 calendar year — all part of federal health care reform.
Most states allow insurance companies to vary the price of health insurance based on a customer’s age. Older customers could pay up to seven times what young people pay.