HARTFORD, Conn. – Consumers and advocates asked the Insurance Department on Friday morning to deny Anthem Blue Cross and Blue Shield’s proposed double-digit rate increase.
The insurance company is requesting an average 12.5 percent rate increase for its health insurance plans offered both on and off Connecticut’s health insurance exchange, Access Health CT. Anthem officials said that it needs to increase its rates because of the rising costs of medical care and pharmaceuticals, and a reduction in federal funding.
Jill Zorn, the senior program officer at the Universal Health Care Foundation of Connecticut, pointed out that maybe 9 a.m. on a Friday wasn’t the best time to hold the public hearing.
There are 66,200 Connecticut policyholders who could be impacted by the increase, but only six, including Zorn, attended the hearing to speak about the increase.
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