Live Insurance News

New York health insurance exchanges has more than 2 million people enrolled

February 9, 2015February 7, 2015 S.Vagus

State’s insurance exchange manages to reach a new milestone this year New York’s health insurance exchange has reached a new milestone. According to officials with the New York State of Health, which is the state’s exchange marketplace, some 2,004,827 people have enrolled for health insurance coverage. Exchange officials note that 89% of those signing up for insurance through the exchange had no previous coverage. Governor Andrew Cuomo suggests that this is a major step forward in the state’s continued efforts to make health insurance coverage more available. Many people enrolling…

New York help line helps resolve problems with health insurance

October 10, 2014October 7, 2014 S.Vagus

Help line established in New York helps consumers voice their complaints about the insurance idnustry A help line established by the New York Attorney General’s Office has helped return millions of dollars to state residents that have been overbilled on their health insurance policies or were denied benefits by their insurer, according to Attorney General Eric T. Schneiderman. The help line was put in place in 2011, giving New York residents an opportunity to voice their concerns regarding insurance companies and how they conduct business. More than $12 million returned…

New Yorkers may be paying more for their health insurance

August 14, 2014August 12, 2014 Logan B.

Those living in rural areas could see their rates go up New York residents that live in rural areas will likely see their health insurance rates go up in the coming year. This may be especially true for those that have purchased policies through the state’s insurance exchange. Those living in rural areas have the fewest options available when it comes to insurance coverage. As such, they are typically left with the most expensive plans. While some of these plans offer significant benefits, they do represent a certain degree of…

Health insurance rates to rise in New York

July 7, 2014July 4, 2014 Logan B.

Rate filings show that insurance premiums are on the rise throughout New York New York is home to some of the highest health insurance rates in the U.S., but insurance coverage is expected to become more expensive next year. Higher rates had been expected next year, but the state’s insurers have only recently released information concerning their plans for 2015 premiums. This information has been opened to the public by the state’s insurance regulators for the sake of transparency and to help people understand what insurers have planned for next…

More than 800,000 people sign up for health insurance in New York

April 3, 2014April 12, 2014 S.Vagus

New York insurance exchange sees a spike sign ups as open enrollment comes to a close An estimated 100,000 New Yorkers have signed up for insurance coverage through the state’s exchanges over the past week. To date, more than 812,000 people have signed up for coverage through the insurance exchange. Open enrollment for the exchange ended on March 31, meaning that those still uninsured may be subject to federal tax penalties. Those without insurance coverage can still find policies through the private market, of course, but may still be exposed…