Thursday, April 12, 2012

Constitution State says: Take a Hike!

Or maybe not:

"Health insurers and HMOs in Connecticut have agreed to begin notifying their individual and small group policyholders each time they submit a rate request to the state Insurance Department for review."

This appears to be a "good thing" inasmuch as it obviates the need for additional legislation requiring that they do so.

What's unclear to me - and potentially a deal-breaker - is whether or not those carriers will be permitted to explain why they're seeking these increases. In the past, government entities have resisted such efforts at transparency.

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