New York Public Personnel Law: Governor Cuomo announces approval of 2014 health insurance plan rates for New York Health Benefit Exchange

July 21, 2013

Governor Cuomo announces approval of 2014 health insurance plan rates for New York Health Benefit Exchange

Governor Cuomo announces approval of 2014 health insurance plan rates for New York Health Benefit Exchange

Governor Andrew M. Cuomo announced that the Department of Financial Services (DFS) has approved health insurance plan rates for 17 insurers seeking to offer coverage through New York’s Health Benefits Exchange, including eight new entrants into the market that do not currently offer commercial health insurance plans.

In 2012 Governor Cuomo took action to issue an Executive Order establishing the New York Health Benefit Exchange, which is expected to help more than one million uninsured New Yorkers access quality, affordable health care coverage.

The following companies had health insurance plan rates for the health benefits exchange approved today by DFS. The rates approved are subject to final certification of the insurers’ participation in the exchange.

· Aetna

· Affinity Health Plan, Inc.

· American Progressive Life & Health Insurance Company of New York

· Capital District Physicians Health Plan, Inc.

· Health Insurance Plan of Greater New York

· Empire BlueCross BlueShield

· Excellus

· Fidelis Care

· Freelancers Co-Op

· Healthfirst New York

· HealthNow New York, Inc.

· Independent Health

· MetroPlus Health Plan

· MVP Health Plan, Inc.

· North Shore LIJ

· Oscar Health Insurance Co.

· United Healthcare

Enrollment for the exchange begins on October 1, 2013 for coverage that will be effective January 1, 2014.

Additional information about the New York Health Benefit Exchange is available on the Internet at: www.HealthBenefitExchange.ny.gov

An article, Municipalites Need to be Well Positioned in 2013 to Address the Health Care Reform Act, has been posted on the Internet by NYMuniBlog, a LawBlog published by Harris Beach PLLC, a law firm, as a public service, at http://nymuniblog.com/?p=2869

The U.S. Department of Health and Human Services Internet page dedicated to the Affordable Health Care Act is at: http://www.hhs.gov/healthcare/rights/law/index.html

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