Managers of Harvard Pilgrim Health Care expect fees related to the Patient Protection and Affordable Care Act to amount to about 5 percent of the premiums a new plan will generate.

The company described how PPACA fees might affect costs in a rate filing for a family of new indemnity preferred provider organization plans an affiliate, HPHC Insurance Co. Inc., wants to sell in Connecticut.

The nonprofit, Massachusetts-based carrier hopes to start selling bronze, silver, gold and platinum PPO coverage in Connecticut's non-exchange small-group market in the third quarter.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.