Premiums will be higher by an average of double-digit percentage points for 2024 coverage. Residents of New York state will be facing an average health insurance rate increase of 12.4 percent for 2024’s individual plans. State records have also shown that small group plans will see a 7.4 percent increase next year. The rate increases for health insurance in New York are still considerably lower than those that were sought by insurers earlier in the year. They had been requesting rate hikes of almost 21 percent for individual plans and…
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New York health insurance extension gives state residents an additional week
The additional seven days will help New Yorkers to obtain the coverage they need in time. Residents of the state are receiving an additional week in which to purchase coverage within the New York health insurance deadline. This added seven days will help people to make sure they can get the health plans while shopping on the state exchange. Following the extension, the new deadline for state residents has become February 7. The new deadline gives residents an additional opportunity to shop on the New York health insurance exchange. This…
Read MoreNew York single payer health care gets Cynthia Nixon’s Nod
The state governor candidate has endorsed it as a component of her challenge against Gov. Cuomo. Candidate for New York Governor, Cynthia Nixon, has added her endorsement to a state-wide single payer health care system. This strategy is meant to build her challenge against Governor Andrew Cuomo (D). Nixon released a video in which she described the health care system and why she believes in it. “Health care should be a human right, not a privilege for those who can afford it,” said Nixon in her video discussing single payer…
Read MoreNew York health insurance exchange set to meet its goal
Enrollments in the state are on track with where it had expected to be and what it hoped to achieve. So far, while the implementation of the most public facing element of the healthcare reforms has been rather rocky, things appear to be perfectly on track with the New York health insurance exchange, as it has seen over 100,000 people enrolling and feels that it is on track to be able to reach the goals that it has set. With only two weeks left in which residents are able to…
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