Medical claims administration costs rose 20%: Report

Connecticut insurance carriers spent 20% more to cover the administrative cost of medical claims in the second year of the COVID-19 pandemic, according to the newest state "report card" on insurance carriers, reports Connecticut InsiderLast year's health insurance claims expenses in Connecticut added up to nearly $10.8 billion, compared to just under $9 billion in 2020 as people started returning to their doctor’s offices after getting vaccinated against infection.