[Daily Caller] ConnecticutÂ’s largest insurer proposed a double-digit rate hike due to Obamacare regulations and uncertainty, but several Connecticut groups pressed state regulators to deny the private company the right to raise its rates.
Anthem Blue Cross and Blue Shield opted for a 12.5 percent rate increase, a hike which sparked a hearing by ConnecticutÂ’s Department of Insurance. The Universal Health Care Foundation of Connecticut pressed regulators to deny the substantial hike simply because many policyholders would be affected. (RELATED: Obamacare Update: Now Even More States Report Double-Digit Premium Hikes)
This could be something to monitor closely. |