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 Filing Review: 17.7 percent increase
 
Decision: Under Review
 
Public Comment Period: October 5, 2017 to October 25, 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.

If approved, the new rates would take effect 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 10/5/2017 9:44:00 AM