Anthem seeks 12.5 percent rate hike

Anthem seeks 12.5 percent rate hike

Photo Courtesy: MGNonline

HARTFORD, Conn. (AP) — State insurance regulators are being urged by consumers and advocates to deny a 12.5 percent rate increase proposed by Anthem Blue Cross Blue Shield, Connecticut’s largest health insurer.

The proposed rate hike for individual plans would affect 66,200 policy holders, including those who recently purchased plans through the state’s health insurance exchange, Access Health CT.

Elizabeth Keenan of New Haven, a representative of Congregations Organized for a New Connecticut, called the proposed increase “exorbitant” and troublesome for customers who’ve had to deal with Anthem billing and customer service problems.

Anthem says the rate hike is needed to cover cost increases for medical services, pharmaceuticals and federal fees, as well as other expenses.

The state insurance commissioner will not issue a decision Friday on the rate proposal.

Comments are closed.