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CT businesses, employees face hikes in health care premiums

Monday, October 30, 2017/Categories: The CT Mirror

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By Ana Radelat | CT Mirror

October 30, 2017—When the Affordable Care Act open enrollment period for health insurance begins on Wednesday, many individuals who buy their own policies will suffer sticker shock because of a sharp increase in premiums.

But the state’s large and small businesses are girding for higher premiums to cover their workers in 2018 too. And they and their employees will face tough choices. ...

According to United Benefits Advisors, an employee benefit consulting company that tracks more than 20,000 employer health plans, Connecticut had the highest employer plan premium increase of any state last year, an average of 24 percent or about $655 per policy, largely because of rising medical costs.

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