The first open enrollment period for NY State of Health has come to a close, and as of April 16, 960,762 New Yorkers were able to get health care plans through the state marketplace. That means there are nearly one million stories of New Yorkers getting affordable, quality health coverage because of the NY State […]
New Yorkers have a LOT to smile about this morning! The proposed health insurance rates for the New York Health Benefit Exchange have been released and show that prices on the individual market will soon be dropping by a whopping 50%. This means that New Yorkers who currently buy coverage on their own, costing more than […]
A press release issued by Governor Cuomo’s office yesterday announced that New Yorkers will save over $500 million on health insurance premiums this year thanks to the Department of Financial Services’ (DFS) utilization of the State’s prior approval law. As you may remember, New York’s 2010 prior approval law allows DFS officials to review insurance […]
http://youtu.be/Xz-UvQYAmbg Health insurance plans are now posting as much as 300-500 pages worth of documents, spreadsheets, actuarial data, and other information on the Department of Financial Services (DFS) website as justification for this year’s proposed premium rate increases. It has been quite the endeavor to sift through all of this and make heads or tails of it, […]