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FOR IMMEDIATE RELEASE
June 9, 2023
STATEMENT FROM INSURANCE COMMISSIONER
ANDREW N. MAIS
ON HEALTH INSURANCE RATE REQUEST FILINGS FOR 2024
The Connecticut Insurance Department has received a total of 10 rate filings from 9 health insurers for plans that will be available on the individual and small group market, both on and off the state-sponsored exchange, Access Health CT. As part of our regulatory responsibilities, we will conduct a thorough examination of these filings to ensure that the requested rates comply with state laws and regulations.
The review process will delve deeply into each submission, requiring insurers to provide justifications and supporting evidence. As always, the rate reviews will be comprehensive, continuing our ongoing efforts to promote transparency and accountability. By utilizing various tools, such as benchmarking and other industry best practices, we strive to maintain a fair and competitive insurance market while prioritizing the interests of consumers.
The 30-day public comment period for all filings starts today, June 9. The public can share comments online or submit them by mail to the Connecticut Insurance Department at P.O. Box 816, Hartford, CT 06142-0816.
The Department will hold a public informational session on requested rate increases. More information on the date and time will be shared as it becomes available.
Open enrollment for the 2024 coverage year begins November 1, 2023.
Contact: Mary Quinn
Cell: (959) 529-4904