Today, the CT DOI issued their final rate change rulings, and the difference are pretty dramatic:
Insurance Commissioner Issues Decisions For 2021 Health Insurance Rates
Insurance Commissioner Andrew N. Mais today announced the Department has made final decisions on health insurance rate filings for the 2021 coverage year. As a result of these decisions, approximately 214,600 Connecticut consumers are projected to save $96 million.
The Department approved an average increase for individual plans of 0.01 percent, down from the average request of 6.29 percent. The average increase for small group plans is 4.1 percent, down from the requested average of just over 11.28 percent.
The Connecticut Insurance Department has posted the initial proposed health insurance rate filings for the 2021 individual and small group markets. There are 14 filings made by 10 health insurers for plans that currently cover about 214,600 people.
Important: As noted below, the 214,600 figure is Connecticut's individual & small group market combined.
Two carriers – Anthem and ConnectiCare Benefits Inc. (CBI) – have filed rates for both individual and small group plans that will be marketed through Access Health CT, the state-sponsored health insurance exchange.
The 2021 rate proposals for the individual and small group market are on average slightly lower than last year:
CT's COVID SEP has always been stricter than mos; they require Conecticut residents to call the exchange as opposed to simply enrolling online. Other state-based exchanges have either made their deadlines much later in the first place (California and DC placed their deadlines in June out of the gate) or they extended them a second time, like Rhode Island and Maryland. In Connecticut's case, however, it doesn't look like they plan on bumping it out a second time:
New Special Enrollment Period For Uninsured Ends Friday, April 17
I've written a LOT lately about the dozen state-based ACA exchanges which have implemented COVID-19-specific Special Enrollment Periods for uninsured residents...as well as the two ACA exchanges (Idaho's, which is state-based, and The Big One, HealthCare.Gov, which hosts 38 states) which haven't done so as of yet.
Given how much outrage there's been at the federal government for not opening up HC.gov to a COVID SEP (Idaho has somehow managed to escape notice for making the same decision) by practically every party (even the American Enterprise Institute, which isn't exactly a lefty organization, is calling for one), it's worth taking a look at the states which do have COVID SEPs open to anyone uninsured to see just how many people are actually taking advantage of them.
Governor Lamont Announces First Positive Case of Novel Coronavirus Involving a Connecticut Resident
(HARTFORD, CT) – Governor Ned Lamont today announced that the Connecticut Department of Public Health (DPH) State Laboratory has confirmed the first presumptive positive case of coronavirus disease (COVID-19) involving a Connecticut resident. The patient, a resident of Wilton who is 40 to 50 years of age, is being treated at Danbury Hospital. The person most likely became infected with the virus that causes COVID-19 during a recent trip to California and sought medical care shortly after returning to Connecticut.
This presumptive COVID-19 case is not related to the COVID-19 case involving a Danbury Hospital employee who is a resident of New York State that was announced on Friday, or the COVID-19 case involving a community physician who made rounds at Bridgeport Hospital and is also a New York State resident that was announced on Saturday.
A Small Number Of Access Health CT Consumers Will Receive Mail This Week About Their Personal Information And Should Review Carefully
HARTFORD, Conn. (January 28, 2020)—Approximately 1,100 Access Health CT consumers will be receiving an ORANGE ENVELOPE in the mail this week. It is important that consumers review this information carefully as they will need to take action to enroll in free services being offered to help protect their personal information that may have been compromised in a data breach.
“Access Health CT takes the privacy and security of consumers’ personal information seriously, and it is making this public notice in an abundance of caution,” said Chief Executive Officer of Access Health CT, James Michel. “We apologize for any inconvenience to consumers and we remain steadfast in our commitment to keep our consumers’ best interests as our number one priority.”
The calculation doesn’t include the last day of open enrollment, but Access Health officials reported Thursday that enrollment was down 2.7% in 2020.
An estimated 106,376 Connecticut residents enrolled with either ConnectiCare or Anthem Health Plans. That’s fewer than the estimated 111,066 who signed up for coverage last year.
I'm not sure where she gets 2.7%...that's a 4.2% drop year over year. They tacked on another 200 or so per day over the final week or so...if you assume a small surge on the final day they might top out at 107K, which would be perhaps a 3.7% drop.
A few more useful data nuggets:
It was the fourth year in a row that there was a drop in customers qualifying for federal tax credits to off-set the cost of the monthly premiums. An estimated 69% of those who enrolled this year are eligible for a subsidy. That’s a drop from 78% in 2016.
Close To 20 Percent Of Access Health CT Customers Still Need To Submit Verification Documents To Stay Covered
Customers can scan and submit verification documents at Enrollment Fairs, via mail or online
Some AHCT customers will receive letters in the mail requesting specific documents to confirm information in their application.
Documents can be submitted online, at an Enrollment Fair where documents can be scanned and uploaded immediately or by mail.
Failure to submit documents by the deadline can result in loss of coverage or financial help.
HARTFORD, Conn. (January 13, 2020)—Open Enrollment to sign up for a 2020 health insurance plan through Access Health CT (AHCT) ends at midnight on Wednesday, January 15, 2020. Connecticut residents can still enroll online, over the phone, or in-person at any of our Enrollment Fairs or five Enrollment Locations—and some might need to submit verification documents.