Friday, July 26, 2013

HealthyCT lowers rates in insurance exchange


Healthy CT, the new co-op insurer created with federal support under the ACA, has revised their proposed premiums for the CT Health Insurance Exchange, Access Health CT. The new rates, much lower than their competitors, will average $271 per month for individuals and $408 for small businesses. Those individual rates will vary between $111 and $1,080 based on age, geography and which plan they choose. Competing plan premiums will average $364 to $424 monthly. HealthyCT’s lower individual premiums, down 36% from their original proposal, resulted from new data about the likely health of enrollees in the exchange.