Insurance companies that sell policies and move out of Connecticut’s Affordable Care Act exchange demand for a 20.4% increase in private health plans next year, a risky promoter who fears people will give up insurance because they can’t afford to pay.
Expensive claims were released by the state insurance department on Friday. For small group plans, carriers are asking for an increase of about 14.8%.
The increase in surveys was more than expected last year for the 2022. health sector in 2021 demanded a median increase of 8.6% on personal perceptions and 12.9% on small group plans.
“It’s ruining the jaw,” said Lynne Ide, director of co-ordination and action at the Universal Health Care Foundation in Connecticut. “Looking at the value propositions, the lines are outside the charts.
“Our main concern right now is that, combined with rising prices and falling COVID, this is exacerbating the problem. Our concern is that people are looking at this and choosing not to get medical care because they cannot afford it.
“My jaw hit the ground, obviously,” added Ted Doolittle, a public health representative. “I am very concerned that people are not getting help because of the high cost. It is the responsibility of insurance companies and providers to explain to the public why this is inevitable and there is no other way. “
Three insurers sell plans on the exchange: Anthem Health Plans, CTCare Benefits Inc., and ConnectiCare Insurance Company Inc.
Anthem’s song demanded an 8.6% increase in private laws affecting 27,698 people. The adjustments provided range from a decrease of 1.8% to an increase of 16.1%, depending on the system.
The company also demanded an average rise of 3.6% on the ideas of small groups of 19,271. The adjustments provided range from a decrease of 1.2% to 26.3%.
CTCare Benefits requested a median increase of 24.1% on private plans affecting 75,003 people. Adjustments submitted ranged from 18.7% to 33.2%, according to the guidelines.
It also demanded a median increase of 22.9% on small group plans affecting 3,476 people (an increase from 20% to 28.9%).
The ConnectiCare Insurance Company, which only sells personal plans on exchanges, requested a 25.2% increase in plans for 8,782 people. Expected ladders range from 17.1% to 32.2%.
The increase in questioning “seems unheard of,” said Ide. “Why one carrier is asking for 8.6% in the individual market, and 3.6% in the subgroup market, and the other carrier is asking for 24% and 22% in both markets – it looks like he has pulled. Numbers from the hat.”
The addition of unmodified plans also varies, as the chart below shows.
Kimberly Kann, a spokeswoman for ConnectiCare, said medical and medical bills were among the factors driving the bid.
“We are very careful about how the impact of the impact affects our members and we try to keep our plans as costly as possible in line with what is happening today,” Kan said in a statement. “Our desired standards are based on a number of factors, including the high cost of medical care and treatment, as well as the continuation of COVID-19 in the use of our members, including late management. the loss of Advanced Premium Tax Loans provided through the American Rescue Plan Act which is expected to end in 2022, as well as the benefits that the government will provide.
An Anthem prophet was not immediately available for comment.
The insurance department will hold a meeting in early August when insurers will have the opportunity to testify on the grounds that they are adding their claims, and the public will be able to reconsider. The trial date has not yet been set.
In addition to transportation, Doolittle said officials from pharmaceutical companies and medical providers should be present and give their reasons for the increase.
He stated: “We are in crisis of health care costs. “The way to review is one opportunity, a public meeting, in which the people of Connecticut should ask, ‘Why? Why are hospital prices so high? Why are drug prices so high?’ It’s just a reflection of the high cost of medical care. ”
“Health insurance and insurance premiums cannot already be sold to most Connecticut families, businesses and individuals, and the rise of these two numbers requires further scrutiny,” Attorney General William Tong said in a statement. “The Department of Insurance has already agreed to hold public consultations on any additions of more than 10 percent, and transparency is needed now. We cannot allow insurers to specify costs and complaints without our independent review and review.”
People can also comment online. Comments can be posted here (below each point, click the “select” button and click the “comments” box, then click “submit”).
Officials with the insurance department have made a decision on the plans for the 2023 plans by the end of this year, especially in September. Last year, although carriers demanded an average increase of 8.6% on individual plans, the department provided an average increase of 5.6%.
The open registration of the 2023 health law begins Nov. 1.