AN ACT CONCERNING RATE APPROVALS FOR CERTAIN INDIVIDUAL HEALTH INSURANCE POLICIES.


General Assembly		*Proposed Bill No. 11*
*January Session, 2011*		LCO No. 11

Referred to Committee on Insurance and Real Estate
Introduced by:
SEN. CRISCO, 17th Dist.

AN ACT CONCERNING RATE APPROVALS FOR CERTAIN INDIVIDUAL HEALTH INSURANCE POLICIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 38a of the general statutes be amended to establish procedures for a public hearing prior to any rate approval for certain individual health insurance policies, and to authorize the Healthcare Advocate or the Attorney General, or both, to be a party to such hearing.

Statement of Purpose:

To provide transparency in the rate approval process for certain individual health insurance policies.