Anthem CT 47% Rate Increase on Individual

[dgoldenz]

Anthem Approved For Health Insurance Rate Hikes As High As 47 Percent - Connecticut Insurance

Alston, any input? I know you're the CT health go-to guy. Don't know anything about the plans described...

 

[Crabcake Johnny]

All old blocks are closed. No influx of freshly underwritten business for policies issued after May. Agents from my association are calling me every day with 30%+ rate increases on average.

 

[Rivers1]

Agents from my association are calling me every day with 30%+ rate increases on average.

What states may I ask?

 

[Crabcake Johnny]

Go ahead and pick one.

 

[dgoldenz]

All old blocks are closed. No influx of freshly underwritten business for policies issued after May. Agents from my association are calling me every day with 30%+ rate increases on average.

From reading the article it sounds like the same plans are being issued, just with higher rates and added benefits, not closing off the old block and putting in new policies to replace them.