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Study: Connecticut employers absorb record insurance hikes

Thursday, October 26, 2017/Categories: Connecticut Post

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By Alexander Soule  |  Connecticut Post

October 26, 2017—As Connecticut employers ready to crack open their health plans next week for open enrollment, a new study shows they paid a record increase in premiums to secure insurance for their workers.

United Benefit Advisors, whose affiliates include 360 Corporate Benefit Advisors in Fairfield, calculated a startling 24 percent increase this year in Connecticut renewal rates for employer-based health coverage, nearly four times the average bump nationally, with employers in the state paying an additional $655 this year on average.

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