Thousands of Connecticut residents will have a shock this summer when they see the prices for 2014 medical coverage that they’re counting on buying through the newly formed state health insurance exchange.
You might have thought that even though prices are expected to rise sharply across the nation in the state exchanges — which are part of health care reform — Connecticut buyers would get off easy. After all, this state already has many of the coverage mandates driving up rates elsewhere.
Wrong. If you’re an individual or a small business hoping to benefit from the public exchange, which launched a user-friendly web site and took the name Access Health CT this month, you’ll find prices significantly higher than rates for 2013, experts say.