Page 6 - Ted Doolittle News Today

Taxpayers footed the bill for care that should have cost far less, according to records released under the Freedom of Information Act. The U.S. government may charge insurers $650 million as a result.

Officials at CMS have said they intend to extrapolate the payment error rates from those samples across the total membership of each plan.

In the middle of a public hearing last summer, after several insurance companies had proposed double-digit rate increases on their health care plans, Attorney General William Tong posed a series of qu...

In the middle of a public hearing last summer, after several insurance companies had proposed double-digit rate increases on their health care plans, Attorney General William Tong posed a series of questions that summed up the concerns of many who gathered at the state’s Legislative Office Building that day. “My understanding is that an actuarial analysis is undertaken to make sure an insurance company has enough assets to pay liabilities, right? That’s what the analysis shows: ‘Do you h...

Lawmakers frustrated by the high rate request this year say they plan to introduce a bill during the legislative session that begins in January that would change the state’s rate review process to include consumer affordability as a standard.

By next year, half of Medicare beneficiaries will have a private Medicare Advantage plan. Most large insurers in the program have been accused in court of fraud.

While the average rate hike approved by Connecticut is lower than what the insurance companies requested, it still represents a significant boost in costs to consumers.

The Connecticut Insurance Department said Friday it reduced 2023 health insurance rate increase requests, but authorized prices that are still higher by double digits for more than 120,000 plan member...

While the average rate hike approved by Connecticut is lower than what the insurance companies requested, it still represents a significant boost in costs to consumers.

While the average increase approved by the state is lower than the rate requested by the insurance companies, it still represents a significant increase in costs to consumers in the coming year.