CT News Junkie | Connecticut Insurance Carriers Get 15 More Days To Decide

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Connecticut Insurance Carriers Get 15 More Days To Decide

by | Aug 29, 2017 2:17pm
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Posted to: Health Care, Insurance

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Access Health CT CEO James Wadleigh and Lt. Gov. Nancy Wyman

HARTFORD, CT — Connecticut officials are giving insurance carriers a little more time to decide whether they will participate in the Access Health CT marketplace in 2018.

The two carriers, Anthem Health Plans and ConnectiCare Benefits, will have until Sept. 15 to decide whether they will continue their participation in the Affordable Care Act marketplace.

The two companies have already submitted their rate proposals and Insurance Commissioner Katharine Wade said they will make a final rate determination in advance of the new Sept. 15 deadline.

“We appreciate Access Health CT’s willingness to work with us to provide the maximum flexibility to make rate determinations,” Wade said.

James Wadleigh, CEO of Access Health CT, said they appreciate the Insurance Department’s flexibility.

“This extension gives Access Health CT and our customers a better understanding of what to expect and when,” Wadleigh said. “It provides the carriers with the time they need to decide if they’ll offer plans for 2018 and allows our organization to prepare the best way possible for the upcoming open enrollment period, which begins on November 1, 2017.”

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