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Broker News | Vol. 9, No. 7 | June 13, 2014
Broker News | Vol. 9, No. 7 | June 13, 2014

New York State Prior Approval of Rate Changes

We are planning to submit applications requesting 2015 premium rate changes in accordance with New York state prior approval law. 

On or about June 13, 2014, we are planning to file rates for the following Community Rated Individual and Small Group products.

  • Direct Pay Metal Plans
  • Healthy New York
  • SimplyBlue Plus
  • Excellus HMO Gold

On or about July 1, 2014, we are planning to file rates for the following products.

  • Large Group HMO (Blue Choice, HMO Blue)
  • Medicare Supplement

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 changes. 

Broker Communication

You will receive notifications with copies of the notices being sent to your groups the week of June 16, and the week of June 30, respectively. More detailed narratives and sample group letters will be available around June 16 and June 30, respectively, on our Broker website.

You and your groups will receive notification of actual, approved rates 60 days prior to their renewal date.

Read more about prior approval, state requirements for initial notice & 60-day notice of rate changes

For more information, please contact your Account Consultant.


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