State of Connecticut
 
Connecticut Insurance Department

Health Insurance Rate filings for 2020

Click here for 2020 Rate Filings Chart

The Connecticut Insurance Department has posted the initial proposed health insurance rate filings for the 2020 individual and small group markets. There are 14 filings made by 10 health insurers for plans that currently cover about 242,000 people.

Two carriers – Anthem and ConnectiCare Benefits Inc. (CBI) – have filed rates for both individual and small group plans that will be marketed through Access Health CT, the state-sponsored health insurance exchange.

The 2020 rate proposals for the individual market are on average lower than last year while the small group market is on average slightly higher than last year.

  • The reinstatement of the Federally Mandated Health Insurer Tax for 2020: There was a moratorium on the federally mandated health insurer tax in 2019, but it has been reinstated for 2020. The reinstatement of this federally mandated tax accounts for approximately 3 percentage points of each carrier’s rate increase request. This means that the average requested increases below would be approximately 3 percentage points lower if this tax was not reinstated.
  • The proposed average individual rate request is 7.8 percent increase, compared to 12.3 percent in 2019 and ranges from -9.8 percent to 25.7 percent.
  • The proposed average small group rate request is an 11.98 percent increase, compared to 10.22 percent in 2019 and ranges from -12.4 percent to 28.5 percent.

In addition, carriers have attributed the proposed increases to:

  • Trend: Trend is a factor that accounts for rising health care costs, including the cost of prescription drugs, and the increased demand for medical services.

The Insurance Department will conduct actuarial reviews on each filing to determine if they are justified and will either approve, reject or modify the request. The 30-day public comment period on all filings begins today (July 12) and comments can be filed online through the link that accompanies every filing or can be delivered to the Connecticut Insurance Department at P.O. 816, Hartford, CT 06142-0816.

The Department expects to make final rulings on the proposals in September. Open enrollment for the 2020 coverage year begins November 1, 2019.

An informational rate hearing will be held on Wednesday September 4, 2019 at 9:00 AM for both individual and small group products marketed on the Connecticut Health Exchange, commonly referred to as Access Health CT.


Location: CT Insurance Department
153 Market Street, Hartford, 7th floor conference room


Total of 14 filings requested


Click "Select" to view the rate filing, executive summary and write a comment.

ConnectiCare Insurance Company, Inc - 2020 Off Exchange Rates

Tax ID: 06-1618303
Company Filing Type: Individual
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, ConnectiCare Insurance Company submitted a rate filing requesting a 10.6 percent average rate increase on its 'SOLO' individual health plans marketed outside of Access Health CT, the state sponsored health insurance exchange.



ConnectiCare Insurance Company, Inc - 2020 Off Exchange Rates

Tax ID: 06-1618303
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, ConnectiCare Insurance Company, Inc. filed a request to increase rates an average of 3.3 percent on small group policies marketed outside Access Health CT, the state-sponsored health insurance exchange.



ConnectiCare Inc - 2020 Off Exchange Rates

Tax ID: 06-1537522
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, ConnectiCare, Inc. filed a request to increase rates an average of 2.9 percent on small group policies marketed outside Access Health CT, the state-sponsored health insurance exchange.



ConnectiCare Inc - 2020 Off Exchange Rates

Tax ID: 06-1537522
Company Filing Type: Individual
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, ConnectiCare, Inc. submitted a rate filing requesting an average decrease of 9.8 percent on individual health plans or 'SOLO' products marketed outside of Access Health CT, the state sponsored health insurance exchange.



Anthem Health Plans, Inc - 2020 On/Off Exchange

Tax ID: 06-1475928
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019 Anthem Health Plans, Inc. filed a rate request for an average increase of 14.8 percent on small group health plans for employers with 50 or fewer workers.



Anthem Health Plans, Inc - 2020 On/Off Exchange Rates

Tax ID: 06-1475928
Company Filing Type: Individual
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, Anthem Health Plans, Inc. filed a rate request for an average 15.2 percent increase on individual health plans marketed on and off the state's health insurance exchange.



Oxford Health Plans (CT), Inc - 2020 Off Exchange Rates

Tax ID: 06-1181201
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019 Oxford Health Plans (CT), Inc., filed a request to raise rates an average of 14.9 percent for HMO health plans used by employers with 50 or fewer workers.



UnitedHealthcare Insurance Company - 2020 Off Exchange Rates

Tax ID: 36-2739571
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, UnitedHealthcare Insurance Company requested an average rate increase of 14.3 percent for small group plans it is marketing outside of the state health insurance exchange.



Aetna Life Insurance Company - 2020 Off Exchange Rates

Tax ID: 06-6033492
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, Aetna Life Insurance Co. submitted a rate filing for an average increase of 22.0 percent for small group indemnity plans that provide major medical and prescription drug coverage for employers with 50 or fewer workers.



Oxford Health Insurance, Incorporated - 2020 Off Exchange Rates

Tax ID: 22-2797560
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019 Oxford Health Insurance, Inc., filed a request to raise rates an average of 14.4 percent for health plans used by employers with 50 or fewer workers.



ConnectiCare Benefits, Inc. - 2020 On Exchange Rates

Tax ID: 46-1559752
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, ConnectiCare Benefits, Inc. (CBI) filed a request to raise rates an average of 4.8 percent for small group plans marketed through Access Health CT, the state's health insurance marketplace.



ConnectiCare Benefits, Inc. - 2020 On Exchange Rates

Tax ID: 46-1559752
Company Filing Type: Individual
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, ConnectiCare Benefits, Inc. (CBI) filed a request to raise rates an average of 4.9 percent for individual health plans marketed through Access Health CT, the state's health insurance marketplace.



HPHC Insurance Company, Inc. - 2020 Off Exchange Rates

Tax ID: 04-3149694
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019 HPHC Insurance Co., Inc., filed notice with the Insurance Department that it plans to apply an average increase of 10.8 percent on small group health care indemnity plans used by employers, who have 50 or fewer workers.



Harvard Pilgrim Health Care of Connecticut, Inc. - 2020 Off Exchange Rates

Tax ID: 46-1681667
Company Filing Type: Small Group
Date Opended: 07/08/2019
Date Closed:

On July 8, 2019, Harvard Pilgrim Health Care of Connecticut filed a request to increase rates an average of 10.7 percent for small group HMO plans that will be marketed outside of Access Health CT, the state-sponsored health insurance marketplace.









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