Tag: ny health insurance

New York health insurance exchange hit by technical difficulties

Logan B.
New York Health Insurance

Health insurance exchange website encounters problems New York’s health insurance exchange has begun open enrollment on schedule, but the exchange’s website has been experiencing some technical difficulties. The site is meant to serve as the face for the exchange and functions as the marketplace through which state residents can purchase health insurance policies. The site is quite similar to those that exist in other states, but New York officials have found that there are some glitches that escaped discovery when the site was being tested last month. Site upgraded to…

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New health insurance company aims to revolutionize health care in New York

S.Vagus
New York Health Insurance

Newly formed health insurance company will debut with New York’s insurance exchange A new health insurance company is set to make its debut when New York’s insurance exchange, called New York State of Health, begins open enrollment on October 1. The company is called, simply, Oscar, and aims to take a new approach on how coverage is offered to consumers throughout the state. The company was founded by Josh Kushner, Kevis Nazemi, and Mario Schlosser, all of whom have participated in entrepreneurial ventures in the technology industry. Company aims to…

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Health insurance rates in New York drop by 50%

S.Vagus
Health insurance rates

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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New York health insurance exchange begins acquiring policies

S.Vagus
health insurance options

New York health insurance companies being tapped by exchange program The New York Health Benefit Exchange has begun reaching out to private insurance companies throughout the state in order to populate itself with health insurance policies. The health insurance exchange was established as part of the Affordable Care Act and New York legislators decided that the state will run this insurance program rather than the federal government. Per the federal health care law, the exchange is meant to be a marketplace where consumers can find affordable coverage. Lawmakers aim to…

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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…

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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.…

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Majority of New York State Small Businesses Embrace Health Insurance

Guest Author

NEW YORK, December 5, 2011 – A vast majority of New York State’s small business owners are giving two thumbs up to health insurance exchanges as a viable way to provide health insurance to their employees, according to a statewide survey commissioned by HealthPass New York, a NYC-based commercial health insurance exchange. The survey also found that exchanges have the potential to change the health care marketplace in New York at a time when many small business owners are struggling to keep afloat. HealthPass New York commissioned Hudson TG to…

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