Connecticut lawmakers are considering plans to require public hearings when health insurers raise rates.  Under the current law, the Connecticut Insurance Commissioner may hold hearings at his discretion.  The new law, if adopted, however, will require public hearings in certain cases to give the state Attorney General and consumer advocates the opportunity to be heard and call witnesses.

Supporters of the bill say compelling public hearings will make the rate setting process more transparent, while opponents argue that the bill would add unnecessary bureaucracy and force premiums to increase even more.

We will monitor this bill and provide any updates on InsureReinsure.com.