Only Cigna and ConnectiCare Invited as Connecticut Lawmakers Weigh Insurance Rate Hikes
"Our priority, our duty should be to Connecticut families and residents and small businesses, to protect them to make sure they don't have to pay more for health insurance and health care than they have to," Attorney General William Tong said. "And to ask, and to even require, the health insurance companies here today to do all they can to really serve their customers and not just extract as much as they can."
August 16, 2022 at 11:12 AM
3 minute read
InsuranceThe annual insurance rate hearing hosted by the Connecticut Insurance Department was met with opposition from many Connecticut politicians due to the high rate increases requested by insurance providers.
Attorney General William Tong requested the hearing be postponed due to the Inflation Reduction Act passed by Congress on Friday. That bill would extend subsidies under the Affordable Care Act, which Tong said in a letter to Commissioner Andrew Mais would be a "game changer, and may significantly reduce the need for an increase" in insurance rates.
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