Maine’s Experience Should Give Connecticut Pause in Pursuing Politicized Health Insurance Rate Approval Process
SB 194 – An Act Concerning Rate Approvals For Individual Health Insurance Policies purports to be responding to real concerns about the impact of health insurance premium increases. However, it is a flawed response, as best illustrated by Maine’s experience, which has a similar politicized process.
The Maine Heritage Policy Center’s Tarren Bragdon has teamed up with the Yankee Institute’s Fergus Cullen to author a white paper on Connecticut’s competitive individual market for health care and warn against politicizing the rate approval process.
