CID: Health Insurance Rate Filing - Oxford Health Plans (Large Group)

Health Insurance Rate Filing - Oxford Health Plans (Large Group)



Rate request: Overall average decrease of 3 percent

Decision: Approved December 15, 2015


On September October 27, 2015, Oxford Health Plans filed a request to decrease premium rates an average of 3 percent next year on some large group health insurance plans. These are medical policies for employers with 51 or more workers.

The rate change reflects changes in benefit design and claims experience.

After an actuarial review, the Department determined that an overall average decrease of 3 percent would be adequate for the benefits provided. As a result, the Department approved the request on December 15, 2015.

The new rates take effect January 1, 2016 for approximately 1,100 policyholders in Connecticut that provide health coverage for about 1,800 employees and their dependents.


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Find the filing, brief summary and public comment section here at Health Insurance Rate Filings


Content Last Modified on 12/15/2015 2:06:09 PM