Rate Actions Taken by New York’s Department of Financial Services Will Save New Yorkers $607 Million in 2022

Posted August, 13 2021 by Amanda Dunker

The Department of Financial Services released its final 2022 rate decisions today, and once again our prior approval law has resulted in huge savings for New Yorkers. Individual market insurers requested an average premium increase of 11.2% this year. After reviewing their requests, DFS knocked that down to just 3.7%, a 67% decrease! That means […]

Medicare’s Care Compare Tool and Implications for New York State’s NYHealthcareCompare Website

Posted August, 5 2021 by Amanda Dunker

By Anna Szilagyi, Outreach & Program Development Coordinator, Medicare Rights Center In September 2020, the Centers for Medicare and Medicaid Services (CMS) launched Care Compare, a redesign of their previous health care compare sites on Medicare.gov. Care Compare streamlines eight separate sites into one tool that allows Medicare beneficiaries to compare doctors and clinicians, hospitals, […]

Rate Review Comments are Due July 6: Read HCFANY’s Comments Here!

Posted July, 1 2021 by Amanda Dunker

Insurers offering products in New York’s individual, small group, and Medicare Advantage markets submit applications to the Department of Financial Services (DFS) each year which describes how premiums will change and why. DFS (and HCFANY!) encourage consumers to respond to these requests by share their experiences with DFS. How affordable do you think your current […]

Out-of-Control Medical Billing is Hindering Pandemic Recovery

Posted June, 15 2021 by Amanda Dunker

In a recent survey, one-third of people who still haven’t been vaccinated against Covid-19 said fear of the cost is a factor. Federal law is very clear: no health care provider is allowed to bill any patient for the vaccine. But with a health care system that produces so many medical billing horror stories, it’s […]