Each year, the Department of Financial Services reviews applications from insurers in the individual, small group, and Medicare Advantage markets and decides whether rates should go up, down, or stay the same. This year, insurers are asking for an average increase of 11.7% in the individual market, which is too much for consumers to manage […]
In a recent blog post, we explained how New Yorkers can comment on the rates their insurers have requested for 2019. You can read that blog post here. The deadline for submitting comments is Sunday, July 1 so there isn’t very much time left. Comments can be submitted electronically here. And you can find our […]
Albany, NY – Health Care for All New York (HCFANY), a statewide coalition of over 170 consumer advocacy organizations, encourages consumers and consumer advocates to weigh in on health insurance rate proposals for 2019. On June 1, the Department of Financial Services (DFS) posted a summary of the carriers’ rate proposals. The insurance carriers claim that […]
HCFANY’s comments on the 2018 rate requests made by insurance companies in our individual market are now available – you can find each letter here. Comments are available for 10 companies: Affinity, CareConnect, Fidelis, Healthfirst, Health Now, HIP/Emblem, MetroPlus, MVP, Oscar, and United. Any insurance company that wants to sell individual or small group plans on […]