Health Insurance Rate Filing - CIGNA Healthcare Of Connecticut (Large Group)
Rate Request: Average decrease of 0.6% for medical & pharmacy plans
Decision: Approved October 22, 2013
On August 27, 2013, CIGNA Healthcare of Connecticut filed a requested average rate decrease of 0.6 percent on large employer group medical policies for employers with 51 or more workers
CIGNA sought the new rates, citing a leveling off of the impact of any new pricing mandates from the federal Patient Protection and Affordable Care Act. The company also is eliminating some pharmacy fees that it had been charging policyholders.
No public comments were received on this rate filing.
After an actuarial review, the Department determined that the new rates were appropriate for the benefits provided and on October 22, 2013 approved CIGNA’s request as submitted.
Content Last Modified on 10/22/2013 1:03:39 PM