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Health insurance exchanges were established as a part of the 2010 Patient Protection and Affordable Care Act to enable individuals to purchase health insurance in state-run marketplaces. [1] In this legislation, states could choose to establish their own health insurance exchanges; if they choose not to do so, the federal government would run ...
The rates that went into effect in the individual market were 1.4 percentage points lower than the rates originally proposed by insurance companies, which equated to nearly $425 million in savings for consumers. In the small group market, rates that went into effect were 0.8 percentage points lower, which equated to over $600 million in savings.
Under the individual mandate provision (sometimes called a "shared responsibility requirement" or "mandatory minimum coverage requirement"), [40] individuals who are not covered by an acceptable health insurance policy will be charged an annual tax penalty of $95, or up to 1% of income over the filing minimum, [41] whichever is greater; this ...
Connecticut’s car insurance laws regarding fault underwent a significant shift in 1994, transitioning from a no-fault system to its current tort, or at-fault, system.
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
Connecticut car insurance laws require that drivers carry the following insurance coverage: $25,000 of bodily injury liability coverage per person $50,000 of bodily injury liability coverage per ...
Key takeaways. Hit-and-run accidents make up 11 percent of all car accidents, according to AAA. Drivers convicted of a hit-and-run in Connecticut could face fines and even prison time.
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