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.
The department wants to get the policies and certificates for the plans to be sold through the Connectic Health Insurance Exchange — HIX — this month.
The form number for an exchange plan should start with the prefix HIX, officials said in the bulletin.
If an insurer is selling the same plan outside HIX, the non-exchange form should use the same number as the HIX form, but without the HIX prefix, officials said.
The department “will provide some flexibility regarding the timing of health filings subject to this bulletin to facilitate the process and meet the needs of HIX,” officials said.
PPACA calls for the states and the U.S. Department of Health and Human Services (HHS) to set up a system of health insurance exchanges, or Web-based health insurance supermarkets, for individuals and small groups by Jan. 1, 2014.