When health insurance is sold on a new online exchange later this year, more than 233,000 Connecticut residents will be eligible for federal subsidies to offset the price of their premiums, according to a new report Tuesday by Families USA.
Nine health insurers intend to offer either medical insurance or dental coverage on a state health exchange that will operate as an online marketplace for insurance next fall.
The Connecticut Health Insurance Exchange had a deadline Friday for insurers to write a letter saying they intend to offer health or dental coverage when the open enrollment starts in October.
A Cigna Corp. executive said Thursday that taxes on the health insurance industry related to the Affordable Care Act, or federal health care reform, will be pushed onto customers in the form of higher premiums.
Cigna’s Chief Financial Officer Ralph J. Nicoletti responded to a question about the taxes during a conference call with financial analysts Thursday morning when the Bloomfield-based health insurer reported third-quarter earnings.
“If you look at the tax, just our philosophy on pricing is essentially to price underlying cost trends, which we’ve viewed as part of. So, beginning in 2013 with — for policies that overlap into 2014, we will include and reflect the industry tax in that pricing,” Nicoletti said.