Monday, May 13, 2013
Insurance exchange rate proposals in for HealthyCT
Insurance premiums for HealthyCT, the new nonprofit health insurer co-op, have been posted on the insurance dept.’s website. HealthyCT is the only insurer that has submitted rate proposals for 2014 so far, despite an April 30th due date. Average monthly premiums for individuals will be $427/month and for small groups $445/month. While the benefit plans will change next year and previous prices are not strictly comparable, in 2010 individual premiums in CT averaged $306 per month. 2014 rates will vary by customer based on age, residence, and the plan selected; rates must still be approved by the insurance department. Policymakers have options to control premium increases but they must act soon to be effective.
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Is that premium rate estimated before the tax credit is applied? If so, most average Connecticut citizens would pay a monthly premium more comparable to the 2010 rates.
ReplyDeleteDoes this suggest that a family of 3 will pay approx. $1280 per month? ($427 x 3)
ReplyDeleteIf 1 person has a preexisting condition, and is charged 250% of the premium, then it is the total then $2025 per month? (($427x2)+ ($427 x 2.5)) = $2025.
Not exactly "affordable"
Consumers is capable of significant cost savings by simply picking a policy which allows them to pay out more out-of-pocket costs. This typically means having to pay a yearly allowable as well as co-payments with regard to services as well as prescription medications. Find out more on answers.yahoo.com/question/index?qid=20130730174233AA6TANZ - long term care cost
ReplyDeleteThis would be a very good rate for a good future and hopefully people can really receive what they deserve. It's a big impact for agencies and companies like this to have a insurance agent website design so that many people can convince and have the accessibility through online.
ReplyDeleteThere are a lot of things to tackle in this type of set up. People really deserve to have better plan. Say for home based businesses, there are a lot of things to consider in choosing the right home based business insurance. For individuals, protection from uncertainties require a lot of efforts in choosing the right one. In this cased, people should study this proposal.
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