Posted July, 2 2019 by Amanda Dunker
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. While insurers are asking for smaller increases than we’ve seen in previous years (on average an 8.4 percent increase), that’s still too much […]
Posted June, 21 2019 by Amanda Dunker
This year, New York’s legislature showed that it was willing to take on powerful industry stakeholders to protect consumers. However, in some areas it left a lot undone. First, because of A2969/S2849, insurance companies can no longer change drug formularies in the middle of the year. Plans are prohibited from removing a drug from your […]
Posted June, 13 2019 by Amanda Dunker
Health insurers in New York are asking for rate increases again this year: in the individual market an average of 8.4 percent and in the small group market, an average of 12 percent. UnitedHealthcare of New York asked for the biggest increase in the individual market (27.1 percent), while HealthPlus (Empire) asked for the smallest […]
Posted June, 12 2019 by Amanda Dunker
Guest Post by Tess Solomon, Community Catalyst New York’s legislative session is almost done for the year. Before the session ends, HCFANY is urging passage of three bills that will give New York consumers input into local hospital decisions: one bill gives consumers a greater voice when hospital close entirely or eliminate emergency or maternity […]