Opinion: Limiting increases in health insurance rates is not the answer

Opinion: Limiting increases in health insurance rates is not the answer

Recently, the state Department of Insurance announced some good news: the rate increases requested by nine Connecticut insurance companies for the upcoming year were reduced from 25% to 50%. The bad news? Insurance rates for 2024 remain elevated for 188,000 Connecticut residents. Cutting the scale of an increase is still an increase. We believe there … Read more