Fewer exchange options could increase health premiums
Publisher: The Hartford Business Journal
July 18, 2016
Bill Goddard and Susan Huntington were mentioned in an article, "Fewer exchange options could increase health premiums," in The Hartford Business Journal. In the article, Huntington and Goddard discuss what the future could hold for HealthyCT, an insurance company that the Connecticut Insurance Department has ordered to stop writing new business due to solvency concerns. Under the Affordable Care Act, health insurance CO-OPs like HealthyCT were intended to provide nonprofit competition to large for-profit insurers to keep premiums down. HealthyCT could also be put under court-supervised rehabilitation, which is similar to a federal bankruptcy proceeding, but conducted in state court.
