The high cost of health insurance is one of the major challenges faced by self-employed individuals. This is one of the factors that lead self-employed individuals to rejoin the corporate world or take on a part-time job. Buying an insurance policy on your own may be too expensive. It’s even more difficult for those struggling […]

Americans following the health care reform saga since March 2010 now have a chance to be part of the last parts of the drama. According to a USA Today report, TV media leaders and the Congress is asking the court to allow the hearings to be televised.  They conducted a survey and the result showed […]

Through The Patient Protection and Affordable Care Act, states are expected to set up their own health insurance exchange which is a marketplace where consumers can easily find health insurance plans and compare the rates. This exchange is set to begin on January 1, 2014. To plan and aid in the establishment of the marketplace, […]

NY Post reports that in line with the health care reform, 24% more New York residents will join the Medicaid system. As of now, there are already 5 million residents in the program. If you add the 24%, membership will increase to 6 million. Right now there are many residents who are eligible for coverage […]

Recently, Governor Cuomo urged insurers to make public the details as to why there is a need for them to increase their premiums. Health insurers who wanted to increase their premiums by at least 10% came to DFS with their application. Health care reform requires them to seek approval from the Department of Financial Services […]

Healthy NY has recently announced that beginning January 1st of next year, the NY health insurance program will no longer be offering traditional HMO plans (health maintenance organization). New enrollees can only choose between HDHP (high deductible health plans) with drug coverage or HDHP without drug coverage. HMO plans have been the popular choice over […]

Here’s good news to some of New York’s insured. New York Governor Andrew Cuomo has announced that he has ordered 11 NY health insurance companies to reimburse their members’ money for what he calls “overcharges” on the premiums paid. Similar to the health care reform law, the New York law requires health insurance carriers to […]

Health insurance can be very expensive but forgoing health care coverage can be even more costly. The state of New York has various state-subsidized healthcare programs to ease the financial burden of acquiring coverage. If you’re looking for inexpensive health insurance you might want to check the state health care programs that New York has […]

Healthy NY had announced that beginning January 1, 2012, the only plans that will be available to applicants are the two high deductible health plans (HDHP) – HDHP with drug coverage and HDHP without drug coverage. Healthy New York will no longer be offering HMO (health maintenance organization) plans to new enrollees. Because of this […]

Empire,  has made an announcement to brokers that effective April 1st of next year, they will be limiting the plans they will offer to small groups. This will mean that small groups will be left with the more expensive and less popular health insurance plans.  Empire is also expected to cut brokers’ commissions. They have […]