More folks fed up with health insurance rate abuses

Posted September, 2 2011 by arianne

A new ACA rule went into effect yesterday requiring insurance plans in all states to post explanations for rate hikes over 10% on their website and submit them to state and federal regulators. Here in New York, insurance companies are already required to do this.  Further, the NY State Department of Insurance can deny any proposed rate hikes that it feels […]

HCFANY Honors Troy Oechsner with Consumer Health Care Leadership Award

Posted December, 2 2010 by arianne

Neither snow, nor rain, nor hurricane-force winds, nor gloom of night stayed HCFANY members and fellow stakeholders from attending yesterday’s annual meeting in Albany.   The meeting kicked-off our annual legislative agenda by setting forth the priorities for the coming year, laying out the tasks at hand, and brainstorming strategies for achieving our goals. The highlight […]

Prior Approval is Working!

Posted October, 21 2010 by arianne

The NYS Department of Insurance  announced today their first set of decisions on health insurance rate increases since prior approval was reinstated earlier this year.  Under prior approval, health insurers cannot raise their rates without first getting approval from the Insurance Department.  Prior to reinstatement of this law, insurers needed only to file the rates […]