Posted August, 19 2022 by Amanda Dunker
New Yorkers who buy health insurance in the individual market will see premiums go up by an average of 9.7% in 2023. Health plans originally requested an average increase of 18.7%, but this was reduced by almost half through New York’s prior approval process. The table below shows the plan’s requests and the rates that […]
Posted August, 4 2022 by Amanda Dunker
New York’s non-profit hospitals can seize up to 10% of a patients’ wages to collect medical debt, an aggressive tactic that puts the health and well-being of low-income New Yorkers at risk. The Community Service Society of NY’s latest research reveals that five of New York’s nonprofit hospitals garnished the wages of 2,216 patients – […]
Posted July, 6 2022 by Amanda Dunker
New York’s individual market premiums might increase by an eye-popping average 19 percent in 2023, far surpassing the requests coming in from carriers in other states. Washington and Michigan are proposing increases of just 7%, despite having comparable individual markets. Rate increases mean New Yorkers would spend a greater share of their budget on health […]
Posted June, 27 2022 by Amanda Dunker
Despite reporting record profits during the pandemic, all of New York’s 12 individual market insurance companies plan to increase premiums in 2023. Costs could increase by a whopping 19 percent on average, meaning New Yorkers would spend a greater share of their budget on health care and less on food, transportation and other necessities – […]