CT Insurance Department Public Hearing Scheduled for August 21st
August 15, 2023The Connecticut Insurance Department will hold a public hearing this month to receive input on proposed rate hikes for health plans in 2024.
Insurance companies have asked for average rate hikes of 12.4% on individual health plans and 14.8% on small group plans, which have been criticized as unaffordable for many families by state leaders including Attorney General William Tong.
The public hearing will take place on Monday, August 21, at 9 a.m. Testimony can be shared in person at the Legislative Office Building, 300 Capitol Avenue in Hartford, or over Zoom virtually. Connecticut Insurance Department officials and representatives from insurance companies are expected to attend.
Anyone wishing to testify virtually can sign up by sending their name and written remarks in an email to cid.RateFilings@ct.gov by 5 p.m. on August 18. Anyone wanting to testify in person can sign up at the Legislative Office Building on the day of the hearing beginning at 8:30 a.m. Oral remarks will be limited to three minutes per person. Members of the public can also submit written comments at this link - https://www.catalog.state.ct.us/.../por.../HCfiling2024.aspx
