HCFANY Blog

HCFANY on New York’s FY27 Proposed Executive Budget

Posted February, 11 2026 by Zinnia Finn

HCFANY is thankful to have the opportunity to testify at the 2026 Joint Legislative Budget Hearing on Health. Find HCFANY’s detailed Executive FY27 Testimony here. The Executive Budget includes many proposals to help protect and enhance New Yorkers’ access to affordable health coverage.  HCFANY’s budget testimony covers three topics:   Protect and improve health coverage  Regulate prices to create a more affordable health care […]

HCFANY on Governor Hochul’s 2026 State of the State Initiatives

Posted January, 13 2026 by Will Pan

Today, Governor Hochul delivered her 2026 ‘State of the State’ address. HCFANY commends the Governor for proposing initiatives that protect patients from rising health care costs, mitigate federal cuts to health care, and reduce barriers to care. The Governor also acknowledged some key victories last year, many of which HCFANY has advocated for. This includes […]

Approved Individual Market Rates for 2026 are a Step in the Right Direction, But More is Needed 

Posted September, 3 2025 by Will Pan

The New York Department of Financial Services (the Department) reduced the requested rates by insurance carriers for the individual market by 48 percent for 2026. Carriers initially requested a 13 percent average rate surge, but through New York’s prior approval process, the Department trimmed this figure down to an average of seven percent. Without this […]

Read HCFANY’s 2026 Rate Review Comments

Posted June, 25 2025 by Will Pan

New York’s individual market premiums might increase by up to 13 percent in 2026, forcing consumers to pay an extra $1,291 more annually. New York’s twelve individual market carriers are requesting increases ranging from one percent by Emblem to a staggering 38 percent by Independent Health. These requests far surpass requests from carriers in other […]