Well being coverage organizations not long ago submitted a surprising double digit health insurance policy fee hike ask for to the Connecticut Insurance plan Section (CID) for administrative approval. These proposals averaged additional than 20 p.c for person and modest organization wellbeing insurance coverage ideas that start out in 2023.
These proposed rate improves are staggering and infuriating. We have to have serious legislative motion and sector methods. People and difficult-doing work compact organizations are currently currently being crushed by historic inflation, COVID impacted difficulties, tax raises, and living in a condition they really like but is escalating much more unaffordable by the working day. All round affordability is a crisis in our condition and this crushing overall health insurance plan amount increase will exponentially include to that.