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Updated: October 5, 2020 2020 Power 25 — Health Care

Health Power 25: 20. Andrew Mais

The Connecticut Insurance Department was once considered a rubber stamp for the health insurance industry. Carriers would put forward proposed rate hikes — sometimes major double-digit increases — and the insurance department would approve them.

Andrew Mais, Commissioner, Connecticut Insurance Department

That rarely happens these days. More often than not insurers are now seeing their initial rate requests pared back as they get closer inspection from the insurance commissioner in response to public outcry from the escalating cost of health care. Andrew Mais is the man currently in charge of the office, and he wielded his regulatory power in September when he pared back insurers’ average 2021 rate requests for the small group market (from 11.28% to 4.1%) and the individual market (from 6.29% to 0.1%).

Mais has an extensive private and public sector background. Previously, he was a member of Deloitte’s Center for Financial Services, where he served as a subject-matter specialist and resource on insurance regulation. Prior to that, he was a director at the New York State Insurance Department.

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