CT residents testify about proposed insurance rate hike

CT residents testify about proposed insurance rate hike

The public will have the opportunity to assess the request of insurance carriers to increase the cost of individual health plans by an average of 20.4% next year.

The state insurance department has scheduled a public hearing for Aug. 15 beginning at 9 a.m. The hearing, usually held at the state office building downtown, will be held at the Legislative Office Building on Capitol Avenue in Hartford. The event has been moved to accommodate the expected larger than usual crowd.

The hearing will have a hybrid format, with some people testifying in person and others virtually. Insurance representatives will have time to explain their requests for rate increases and insurance department officials will ask questions.

Anyone interested in testifying virtually can sign up by emailing [email protected] with their name and written comments by noon on August 12.

Those who want to testify in person can register at the legislative office building on the day of the hearing starting at 8:30 a.m. Oral remarks will be limited to three minutes per person.

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