Posted January, 7 2013 by arianne
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 […]
Posted August, 21 2012 by arianne
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, much […]
Posted July, 25 2012 by arianne
That’s right – its health insurance rate review time! This means that our health insurance plans are now diligently submitting their proposed rate increases to the Department of Financial Services (DFS) for approval. Some of you may have already received a letter from your health plan letting you know that they plan to “adjust” your […]
Posted March, 22 2012 by arianne
Nope, it’s the ACA’s birthday. And the ACA has already brought big savings to New York consumers, with more on the way. As HCFANY blog readers know, New York State re-instated prior approval of health insurance premium increases in 2010, before the ACA passed. But the ACA has provided funding – including a $4.4 million […]