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The Exchange is one of the first to solicit Qualified Health Plans (QHP) from insurance carriers as it works to fulfill its mission to offer a wide range of health insurance options to consumers and small businesses.
Carriers were requested to notify the Exchange of their non-binding intent to participate by
"We are very pleased with the response from these leading insurance carriers," said
The Exchange will require each carrier to submit standard plan designs that define cost sharing parameters, including deductibles, out-of-pocket maximums, copayment schedules, and benefits of the plan. Carriers will offer one standard plan for each of the "metal" tiers—bronze, silver, gold, and platinum. To encourage carriers to innovate and design products that will enhance value and potentially reduce cost, the Exchange is urging them to submit an additional optional plan for each metal tier. The Exchange also supports stand-alone dental carriers to allow consumers greater choice in selecting a dental plan that best suits the needs of their children or entire family.
Now that the carriers have notified the Exchange of their intent to participate, carriers will begin filing and reviewing plans with the
About the Connecticut Health Exchange
The Connecticut Health Exchange (the Exchange) was created by the
The Exchange will ensure that participating health plans available during
SOURCE Connecticut Health Exchange