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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.