CID: Health Insurance Rate Filing - Aetna Health Inc. (CT) - Large Group HMO

Health Insurance Rate Filing - Aetna Health Inc. (CT) - Large Group HMO



Rate Request: 0.4 percent average decrease

Decision: Approved April 27, 2018

On March 29, 2018, Aetna Health Inc. filed a request to decrease previously approved rates 0.4 percent on its large group health insurance policies for employers with 51 or more workers.

There are approximately 500 covered lives under this block of business.

In calculating the rates, the company noted it was factoring in claims cost experience on this block of business from July 2016 to June 2017 and a decrease in taxes and fees for the 3rd and 4th quarter of 2018.

After an actuarial review, the Department determined the company’s price assumptions for the impact of medical inflation or “trend” were appropriate. As a result, the request was approved April 27, 2018.

The new rates take effect for policies issued or renewed on or after July 1, 2018.


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


Content Last Modified on 4/30/2018 8:36:57 AM