On September 6, 2024, the Connecticut Insurance Department issued its final rulings on 8 health insurance rate filings for the 2025 individual and small group markets. The filings were made by 7 health insurers for plans that currently cover about 200,000 people.
- The average rate increase requested in the individual market was reduced by 29% from the requested 8.3%, resulting in an average increase of 5.9%.
- The average rate increase requested in the small group market was reduced 35% from a requested average of 11.9%, resulting in an average increase of 7.8%.
View the 2025 Final Rate Chart
Pricing Factors for 2025:
- Trend: Trend is a factor that accounts for rising health care costs, including the cost of prescription drugs and the increased demand for medical services.
- Experience: Experience adjustment necessary to reflect deteriorating or improving experience from the prior rating period to the current rating period.
- Medicaid Unwinding: The impact to the current commercial market due to Medicaid unwinding.
What's Next
Open enrollment for the 2025 coverage year begins November 1, 2024.
The Health Rate Review Process and Timeline
Read the health insurance rate review process fact sheet
Public Comment and Video of Informational Meeting
On August 20, the Department held an informational meeting for individual and small group plans marketed by Anthem, ConnectiCare and UnitedHealthcare.
Click "Select" to view the individual filing, which includes the initial filing and an executive summary, final filing, correspondence, final disposition, and final rates.
Total of 8 filings requested
ConnectiCare Insurance Company, Inc - 2025 Rates
Tax ID:
06-1618303
Company Filing Type:
Individual
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024, ConnectiCare Insurance Company filed a request to raise rates an average of 12.5 percent for individual health plans both on and off the Exchange. The Department disapproved the company's rate increase request and reduced it to an average increase of 11.8 percent on September 6, 2024.
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UnitedHealthcare Insurance Company - 2025 Rates
Tax ID:
36-2739571
Company Filing Type:
Small Group
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024, UnitedHealthcare Insurance Company requested an average rate increase of 9.0 percent for small group plans it is marketing outside of the state health insurance exchange. The Department disapproved the company's rate increase request and reduced it to an average increase of 5.4 percent on September 6, 2024.
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Oxford Health Insurance, Incorporated - 2025 Rates
Tax ID:
22-2797560
Company Filing Type:
Small Group
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024 Oxford Health Insurance, Inc., filed a request to raise rates an average of 8.9 percent for health plans used by employers with 50 or fewer workers off the state's health insurance exchange. The Department disapproved the company's rate increase request and reduced it to an average increase of 5.3 percent on September 6, 2024.
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ConnectiCare Benefits, Inc. - 2025 Rates
Tax ID:
46-1559752
Company Filing Type:
Individual
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024, ConnectiCare Benefits, Inc. (CBI) filed a request to raise rates an average of 7.4 percent for individual health plans marketed through Access Health CT, the state's health insurance marketplace. The Department disapproved the company's rate increase request and reduced it to an average increase of 5.1 percent on September 6, 2024.
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ConnectiCare Inc - 2025 Rates
Tax ID:
06-1537522
Company Filing Type:
Individual
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024, ConnectiCare, Inc. submitted a rate filing requesting an average increase of 9.1 percent on individual health plans marketed outside of Access Health CT, the state sponsored health insurance exchange. The Department disapproved the company's rate increase request and reduced it to an average increase of 7.8 percent on September 6, 2024.
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Anthem Health Plans, Inc - 2025 Rates
Tax ID:
06-1475928
Company Filing Type:
Individual
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024, Anthem Health Plans, Inc. filed a rate request for an average 9.0 percent increase on individual health plans marketed on and off the state's health insurance exchange. The Department disapproved the company's rate increase request and reduced it to an average increase of 6.4 percent on September 6, 2024.
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Anthem Health Plans, Inc - 2025 Rates
Tax ID:
06-1475928
Company Filing Type:
Small Group
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024 Anthem Health Plans, Inc. filed a rate request for an average increase of 13.6 percent on small group health plans for employers with 50 or fewer workers. The Department disapproved the company's rate increase request and reduced it to an average increase of 9.2 percent on September 6, 2024.
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Oxford Health Plans (CT), Inc - 2025 Rates
Tax ID:
06-1181201
Company Filing Type:
Small Group
Date Opended:
05/31/2024
Date Closed:
09/06/2024
On June 1, 2024 Oxford Health Plans (CT), Inc., filed a request to raise rates an average of 5.1 percent for HMO health plans used by employers with 50 or fewer workers off the state's health insurance exchange. The Department disapproved the company's rate increase request and reduced it to an average increase of 1.6 percent on September 6, 2024.
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