Health insurance savings on its way for residents of New York

affordable care act

Those living in the state will be saving over $500 million on coverage premiums this year. Andrew Cuomo, the Governor of New York state, has just announced that the new power that has been given to the state to limit the increases in health insurance rates is already showing its benefits to the residents of the state. The state has limited a number of increases that insurers had proposed within the state. Cuomo said that this year alone, New Yorkers will not have to pay the over half a million…

Read More

Health insurance exchange attempt being made again in New Jersey

Governor Chris Christie - New Jersey Health Insurance Exchange

Senators in the state are having another go at passing this element of the healthcare overhaul. Lawmakers in the state of New Jersey are making another effort to try to pass a health insurance exchange that is a central element of the federal healthcare reforms that went into effect in 2010. The matter was being discussed by a state Senate committee this past Monday. The state health insurance exchanges are meant to work as marketplaces that will provide families, individuals, and small businesses with a single location in which to…

Read More

Catholic Health to provide new health insurance plans

Health Insurance plans

Catholic Health announces new insurance options for businesses New York’s Catholic Health, along with its affiliated health care professionals and Independent Health, has announced that it will begin offering new health insurance options next year. These options are being designed to low the premiums associated with certain types of coverage and narrow the organization’s health care network. Other insurance groups throughout the U.S. are adopting similar initiatives in order to adapt to the changes being made by the Affordable Care Act. New plans part of response to business concerns Catholic…

Read More

Health insurance in New York may be too expensive

health insurance rates

Data suggests health care is unaffordable for many New data from the New York Public Interest Research Group and the state’s Department of Financial Services suggests that health insurance coverage in New York may cost more than consumers can afford. State data shows that New York City residents that have to purchase health insurance coverage on their own could be facing six-digit figures every year in costs. Even the least expensive coverage for families could cost tens of thousands of dollars annually, adding financial stress to those already struggling in…

Read More

Health insurance at four New York universities receive approval

Health Insurance Program

Cornell and Columbia Universities, NYU and University of Rochester have all received the nod. The University of Rochester, Columbia and Cornel Universities, and NYU, have all just announced that they have received approval to sell their own health insurance to students. This pilot program was first authorized by Governor Andrew Cuomo at the start of the month. The Governor gave his approval after it had passed through the Senate and the Assembly in the state earlier in 2012. Last year, similar legislation had been signed in Colorado, Utah, and Montana.…

Read More