New York State Prior Approval of Rate Changes
On May 9, 2016, an application was submitted requesting 2017 premium rate changes in accordance with New York state prior approval law. This rate application applies to Community Rated Individual and Small Group products.
The following products are included in this 2017 rate filing:
- Direct Pay Metal Plans and Base (catastrophic)
- Bassett Preferred
- CNY Preferred
- Healthy NY EPO
- SimplyBlue Plus
- Excellus BCBS HMO
Employer Group Communication
Initial notification letters will be mailed to community-rated employer groups and direct pay members enrolled in the products listed above. The letter will include our requested rate percentage changes.
You will receive an e-mail notification with copies of the initial notification letters being sent to your groups the week of May 16. Your groups will receive an annual rate notification with the actual, approved rates 60 days prior to their renewal date. The annual rate notices will be available to Brokers on Information Connection.
Prior approval, state requirements for initial notice & 60-day notice of rate changes.
Narrative Summary – Individual
Narrative Summary - Group
For more information, please contact your Account Consultant.