The Connecticut Insurance Department is getting its health product form and rate filing system ready for the day when the Patient Protection and Affordable Care Act (PPACA) is supposed to start taking full effect.
The department has given the form and rate filing rules in Bulleti HC-90.
Insurers are supposed to start selling coverage on a guaranteed issue, mostly community-rated basis on that date, and they're also supposed to use a standardized "essential health benefits" (EHB) package as the basis for the benefits that they offer.
To help consumers shop for coverage, carriers must classify a plan as a bronze, silver, gold or platinum plan. The plan's "metal level" will depend on the percentage of the actuarial value of the EHB package that the plan provides.