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…
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Health insurance rates to rise in New York
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…
Read MoreHealth insurance rates in New York drop by 50%
Health insurance premiums are plummeting in New York Health insurance rates are rising throughout the U.S. as insurers prepare to comply with the various regulations being introduced with the Affordable Care Act. These regulations are placing more stringent requirements on insurers, effectively raising the costs associated with administration and general business while also lowering their ability to generate profit. In New York, however, health insurance rates for individuals could plummet due to the state’s health insurance exchange program. Officials approve 17 affordable plans from insurers New York officials have approved…
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