CID: Health Insurance Rate Filing - Harvard Pilgrim Health Care of CT (Large Group HMO)

Health Insurance Rate Filing - Harvard Pilgrim Health Care of CT (Large Group HMO)


 
Rate Filing Review: 9.1 percent increase
 
Decision: Under Review
 
Public Comment Period: October 10 to October 30, 2018
 

On September 18, 2018, Harvard Pilgrim Health Care of Connecticut filed a request to increase rates an average of 9.1 percent for large group major medical plans. These are policies for employers with 51 or more workers.

There are 112 people covered under these policies currently in force in Connecticut. This rate will also be applied any new policies sold or renewed after January 1, 2018.

The company stated it requested the increase to account for a 7.2 percent change in the “trend,” a pricing factor reflecting medical inflation and an increased demand for medical services. The pricing also takes into account taxes and fees associated with the federal Affordable Care Act.

If approved, the new rates would take effect January 1, 2019.

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


Content Last Modified on 10/11/2018 11:24:43 AM