UPDATE: Connecticut Health Insurers Rate Hike

Anthem Blue Cross and Blue Shield in Connecticut requested a wide range of premium increases, which will take effect Oct. 1, to cover the costs of new benefits required by federal health reform. Anywhere from 0.5 percent to 22.9 percent, depending on the plan. Besides Anthem, the only other health insurer that has been approved thus far was Aetna, which requested an average 24.7 percent increase over last year for small-group HMO plans.

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Remember folks, the Bush tax cuts have not been voted on yet (this year). If those cuts expire, our take home pay gets smaller. Soon.

UPDATE: As predicted. But, it’s even worse. Looks like the increases span from 19% to 47% !!!!

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