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News & Thought Leadership

Empire is Notifying Individual and Small Group Subscribers of 2021 Rate Change Requests

See below from Empire Empire HealthChoice Assurance, Inc. recently filed a request with the New York Department of Financial Services (DFS) to approve changes to its Small Group products and rates for 2021. HealthPlus HP, LLC (Empire HealthPlus) also filed a request to approve changes to its Individual products and rates for 2021. Please be reminded that…

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Emblem Information About Our Proposed 2021 Rates

See below from Emblem The New York State Department of Financial Services (DFS) must review and approve health plan premium rate increases for community-rated plans. We have submitted a request for a rate change for small group EmblemHealth plans renewing in 2021. This new rate will become effective on your small group’s 2021 renewal date….

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Aetna Proposed New Rates for New York Small Groups

See Below from Aetna    Our 2021 proposed rate changes have been submitted for groups with 100 or fewer full-time equivalent employees  Aetna Life Insurance Company and Aetna Health Insurance Company of New York have submitted a rate change request to the New York State Department of Financial Services (DFS) for Small Group plans that…

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NJ Approves 2.5% Health Insurance Tax

New Tax Effective 1/1/2021 The state of New Jersey has imposed a 2.5% excise tax on fully insured insurance premiums through legislature A4389, taking effect 1/1/21. The legislature received massive pushback from NJ businesses; 35 organizations sent a letter of discontent to Gov. Phil Murphy in opposition of the bill. Early estimates suggest that these…

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2020 Second Quarter Compliance Digest

Our 2020 Second Quarter Compliance Digest details the quarter’s changes in health care. This document provides the latest health care reform news, including COVID-19 Related Benefit Plans and HSA Amounts. Read our compliance digest for a recap of what you need to know and how it will impact your business. Enter your information below for…

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