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

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


 
Rate Filing Review: 2.3 percent average increase
 
Decision: Under Review
 
Public Comment Period: October 3, 2017 to October 23, 2017

On September 29, 2017, Aetna Health Inc. filed a request to increase rates 2.3 percent on its large group health insurance policies for employers with 51 or more workers.

There are approximately 480 covered lives under this block of business.

In calculating the rates, the company noted it was factoring in impact of medical inflation, known as “trend,” which takes in to account the increase in medical costs and the demand for medical services. The company calculated a trend impact of 9 percent percent for medical services and pharmacy costs.

If approved the new rates would take effect for policies issued or renewed on or after January 1, 2018.

 
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Find the filing, brief summary and public comment section here at All Current Rate Filings


Content Last Modified on 10/2/2017 5:07:14 PM