When the Department of Financial Services made its annual announcement about health insurance price increases last week, it neglected to mention one thing: how much the prices were increasing. Read More
Tag: Health insurance
New Yorkers paid some of the highest health premiums in the country in 2022, with one benchmark of affordability reaching its worst level yet, according to recently released federal survey of private-sector benefit plans. Read More
State lawmakers are divided over proposal known as "Coverage for All," which would allow low-income undocumented immigrants to obtain free health insurance through the state-run Essential Plan. Read More
Two years ago last week, I wrote in the Daily News about how then-Governor Andrew Cuomo was pushing a costly change to insurance law on behalf of a hospital group that had supported his campaign through a fun Read More
As the Hochul administration presses for the creation of a "guaranty fund" to bail out failed health insurers, the state is quietly moving to seize a small company that could be the fund's first target. Read More
The accumulated surplus of the state-run Essential Plan had ballooned to $9.9 billion as of the end of December, putting it on track to break $10 billion by the close of the fiscal year on March 31, according to newly obtained records from the comptroller's office. Read More
In a move that ought to raise eyebrows in Washington, the Hochul administration is requesting additional federal money for New York's Essential Plan, which is already sitting on more than $9 billion after years of running a multi-billion-dollar surpl Read More