HCFANY Blog RSS Feed

Rate Review Reduces Premium Increases in New York

Posted August, 5 2016 by Amanda Dunker

Premiums in New York will increase this year for people buying plans in the individual and small group markets. But thanks to our public rate review process, the increases are smaller than what carriers requested. Carriers asked the Department of Financial Services (DFS) to approve an average 18 percent increase (learn more about rate review […]

HCFANY Rate Review Letters Available!

Posted June, 22 2016 by Amanda Dunker

Last month, we told you about the rate review process, which happens every year when health insurance companies submit requests for rate increase or decreases to the state Department of Financial Services (DFS). New York’s carriers were asking for some pretty big increases this year – about 18 percent on average across the individual and […]

NYS Assembly Photography

HCFANY Spring Meeting 2016 Recap

Posted June, 10 2016 by carrie

On Tuesday, June 7, nearly 70 HCFANY members from across the state gathered in Albany for the annual Spring Membership Meeting to exchange ideas, share experiences, and strengthen our current initiatives. Many thanks to all who joined us! We heard updates from our members on outcomes from the most recent budget session, improving patient access to […]

Tell State Officials What You Think About Insurance Rates

Posted May, 23 2016 by Amanda Dunker

  Across the nation, many insurance companies are asking for big rate increases this year – but in New York, you have the right to weigh in on whether they receive them. Every year, health insurance companies that sell products in New York must ask for permission from the Department of Financial Services (DFS) to change […]