Medical Bankruptcy on the Rise

A new study released by Harvard researchers yesterday in the American Journal of Medicine finds that medical debt accounted for 62% of all bankruptcies filed nationwide in 2007, nearly a 50% rise from 2001. Of those that stated that an illness had contributed to their bankruptcy, the majority (78%) were insured at the onset, including [...]

New Yorkers Need Prior Approval AND a Public Hearing Process

From 2000 to 2007 health insurance premiums have increased by 81% while New York median wages only increased by 11%. New York bill A.8280/S.5470 would restore the State’s authority to pre-approve insurance premium increases (“prior approval”).  Right now, insurance companies simply file a rate hike with the state and use it (“file and use”).  As [...]

Health Equity in New York’s Public Insurance Programs: Part 2

A new NYSHealth-funded study by the Community Service Society of New York (CSS) finds that African-Americans are more likely to lose their Medicaid managed care coverage compared with other racial/ethnic groups in New York State.  The analysis of Medicaid health plan data reveals that among racial/ethnic groups, African-Americans have the lowest annual retention rates (59%) [...]

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