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

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



Rate request: Overall average 17.7 percent increase

Decision: Disapproved, limited to 16.4% increase on October 30, 2017

On October 4, 2017, Harvard Pilgrim Health Care of Connecticut filed a request to increase rates an average of 17.7 percent for large group major medical plans. These are policies for employers with 51 or more workers.

There are approximately 65 people covered under these policies currently in force in Connecticut.

The company stated it requested the increase to account for a 10.9 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.

After an actuarial review, the Department determined the company’s calculation for the impact of medical inflation, or “trend” in 2017 and 2018 was excessive. The Department determined the trend impact should be lowered from 8.9 percent to 7.9 percent for 2017 and from 9.5 percent to 8.5 percent for 2018. As a result, the Department disapproved the initial rate increase request and limited it to a 16.4 percent increase on October 30, 2017.

The new rates take effect January 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 10/31/2017 1:43:42 PM