Connecticut Insurance Commissioner Katharine L. Wade has ordered public hearings on proposed rate increases by three health insurers that would affect more than 70,000 policyholders next year.
Anthem Health Plans Inc. is seeking a 4.7 percent increase and ConnectiCare Insurance Co. is proposing a 9.8 percent hike, each for about 34,000 policyholders. Golden Rule Insurance Co. has proposed an 18.5 percent increase for 2,000 customers.
Anthem said the rates take into account federal mandates, rising medical costs and increased demand.
ConnectiCare said it's accounting for medical inflation, rising demand and increased taxes.
The hearings are scheduled for July 27 in Hartford.
State Healthcare Advocate Vicki Veltri said members of the public must have more opportunities to offer their views as access to health insurance is broadened by the federal health care law.
Hearings will be held on the following rate filings:
Anthem Health Plans, Inc.: 4.7 percent rate increase, 34,553 policyholders
ConnectiCare Insurance Company: 9.8 percent rate increase, 34,000 policyholders
Golden Rule Insurance Company: 18.5 percent rate increase, 2,000 policyholders
See the official Notice of Public Hearing for details on participation.
