Approved Individual Market Rates for 2026 are a Step in the Right Direction, But More is Needed
Posted September 3, 2025 by Will Pan
The New York Department of Financial Services (the Department) reduced the requested rates by insurance carriers for the individual market by 48 percent for 2026. Carriers initially requested a 13 percent average rate surge, but through New York’s prior approval process, the Department trimmed this figure down to an average of seven percent. Without this […]
