Posted June 8, 2017 by Amanda Dunker
Insurance companies have to get state approval for their prices each year. In New York, consumer comments are part of the process. This issue brief guides you through the process of commenting on your insurer’s request. This year, insurers are asking for an average 17 percent increase in the individual market, with a range of 4 […]
Posted August 15, 2016 by Amanda Dunker
The New York State Department of Financial Services (DFS) released the 2017 rates on August 5, 2016. Our press release is below, and you can find the DFS press release here. HCFANY’s comments on the requested rates can be found here.
Posted June 24, 2016 by Amanda Dunker
Thanks to a strong state law, New York’s Department of Financial Services (DFS) can reduce rate increases proposed by health insurers if they find the proposed rate is “unreasonable,” excessive,” or “unfairly discriminatory.” Consumers, consumer groups, and small businesses can submit comments to challenge rate proposals that they believe are too high. This issue brief describes how. […]
Posted June 17, 2016 by Amanda Dunker
Every year, HCFANY submits comments to the Department of Financial Services on health insurance carriers’ rate requests. Below are our comments on carriers’ requests for 2017.