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Issue Brief: Restore the Government’s Power to Regulate Insurance

Posted March 16, 2010 by arianne

Governor Paterson’s Budget Bill seeks to reinstate the prior approval system for health insurance rate increases. The Superintendent of Insurance would review rate increases before they take effect—protecting employers and consumers alike. The bill also ensures that more of our premium dollars are spent on medical costs—not profits and administration.

Issue Brief: Fixing the Family Health Plus Employer Buy-in Program

Posted March 16, 2010 by arianne

The State recently expanded the Family Health Plus Buy-in Program (FHP EBI program to all employers in the state. This program has the potential to offer quality coverage at a reasonable price to millions of New Yorkers who need insurance but do not qualify for public programs. But, initial premium rates—at $540 per month—are too […]

HCFANY Memo of Support: Restoring Regulatory Authority to Conduct Prior Approval of Insurance Premium Hikes in Governor Paterson’s Article VII Bill

Posted February 18, 2010 by arianne

 In the past decade, New Yorkers have witnessed unprecedented insurance premium increases that have far outpaced inflation and wages. The cost of health insurance for a family on the direct pay market now exceeds $24,000 annually. These premium increases are directly tied to a precipitous rise in the ranks of the uninsured among moderate-income working […]