Posted June, 4 2009 by arianne
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 […]
Posted June, 2 2009 by arianne
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 […]
Posted June, 1 2009 by arianne
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%) […]
Posted May, 28 2009 by arianne
Today, Governor Paterson announced the NYS Insurance Department Superintendent, Eric Dinallo will resign – effective July 3, 2009 – to become the Henry Kaufman Visiting Professor of Finance at NYU’s Stern School of Business. Read the press statement here.