Posted August, 18 2017 by Taylor Frazier
Earlier this week, the non-partisan Congressional Budget Office (CBO) released a report on the effects of ending the Cost Sharing Reductions (CSRs), which help make out of pocket costs more affordable for consumers with incomes between 100 and 250 percent of the Federal Poverty Level. In New York, the CSRs also provide funding for the […]
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 […]
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 […]
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 […]