CT insurers are calling for health insurance rate hikes on 2024 plans

Insurers selling policies in and out of the Connecticuts Affordable Care Act Exchange are asking for an average 12.4% increase on individual health plans in 2024, lower overall than last year but still higher than last year’s. previous years.

On small group policies, insurers have asked for an average rate hike of 14.8%, the same as in 2022. The state insurance department released the proposed hikes on Friday.

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