A new
analysis by the Urban Institute finds that insurance exchange premiums for
the lowest-cost Silver plan in CT averaged 0.7% growth annually over the last
two years. This is well below growth at the national and regional averages of
5.5% and 4.2% respectively. While they aren’t rising as quickly, CT premiums
started out much higher than other states. At $351/month, CT premiums for the
lowest-cost Silver plan are higher than all but seven other states and 24%
above the national average. Unfortunately a new
report by Avalere, based on early proposed filings in nine states, rates may
go much higher next year. It is important to note that most consumers are
protected from full premium costs with income-based subsidies.
