Weighing in on Health Insurance Rates

Posted June 24, 2016 by Amanda Dunker

Thanks to a strong state law, New York’s Department of Financial Services (DFS) can reduce rate increases proposed by health insurers if they find the proposed rate is “unreasonable,” excessive,” or “unfairly discriminator.” Consumers, consumer groups, and small businesses can submit comments to challenge rate proposals that they believe are too high. This issue brief describes how.

HCFANY Consumers and Rate Review

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