Posted July, 17 2013 by arianne
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 […]
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
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, […]
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 […]