Nine insurance companies have notified the state of their intentions to offer health or dental coverage within Connecticut’s health insurance exchange when it gets up and running later this year, authorities say.
Insurers faced a Jan. 4 deadline to notify the Connecticut Health Insurance Exchange of their intent to participate in the state’s exchange by early 2014. The exchanges are mandated as part of the federal health care reform law and will essentially be an online marketplace where small businesses and individuals can purchase health insurance.
Five health insurers including Anthem, Aetna, Connecticare, United Healthcare, and HealthyCT have notified the Connecticut Health Insurance Exchange that they plan to offer coverage within the exchange, officials said.
Meanwhile, four other insurers including MetLife, Delta Dental, The Guardian Life Ins. Co., and Renaissance Dental have told the state they plan to offer dental insurance coverage within the exchange, officials said.
Each carrier will have to submit standard plan designs that define cost sharing parameters, including deductibles, out-of-pocket maximums, copayment schedules, and benefits of the plan.
