CT | In a significant move to protect Connecticut consumers against unsupported health insurance cost increases, Connecticut Insurance Commissioner Andrew N. Mais announced today that the Connecticut Insurance Department (CID) continues to protect consumers by reducing health insurers’ 2025 requested rates, despite ongoing increases in underlying health care costs. These 2025 rates are for individual and small group plans offered on and off the state exchange Access Health CT. The Connecticut Insurance Department does not regulate self-funded plans which fall under the authority of the U.S. Department of Labor.
For individual insurance market rate increase requests, the original average rate increase of 8.3% has been reduced by an average of 29% resulting in an average increase of 5.9%. Similarly, the small group insurance market will receive a 35% reduction of the requested premium increases, resulting in an average increase of 7.8% rather than the requested average increase of 11.9%. Continue reading