New York State
Insurance Department

 MVP HEALTH PLAN RATE HEARING


 August 27, 1997

The New York State Insurance Department has called for a public hearing to consider an application for a subscriber rate change by the following health insurance provider:

PLAN: MVP Health Plan, Inc.

ADDRESS: 111 Liberty Street
Schenectady, NY 12305

TYPE OF ORGANIZATION: Article 44 HMO

LICENSURE: Article 44 Public Health law

PLACE OF HEARING: Albany Public Library
161 Washington Avenue
Albany, NY

DATE: September 12, 1997                         TIME: 12:00 pm.

COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Standardized Individual contracts.

WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED: 52.6%

PROPOSED EFFECTIVE DATE: November 1, 1997

LAST RATE CHANGE: January 1, 1995

An Article 44 Health Maintenance Organization may not change subscriber rates plus or minus 10% without the prior approval of the Insurance Department.

As an aid to the public, and at the suggestion of the Insurance Department, the Plan is making available to the public a summary of facts supporting its application. A copy may be obtained from the Plan's office or from the Insurance Department.

A copy of the complete subscriber rate increase application may be examined at the Plan's office at 111 Liberty Street, Schenectady, New York 12305 or at the offices of the Insurance Department:

New York City Office
Financial Condition Property Casualty Unit
25 Beaver Street
4th Floor
New York, NY 10004
(By Appointment Only)
212-480-5240

     

Albany Office
Agency Building One
Empire State Plaza
Albany, NY 12257
(By Appointment Only)
518-474-4567

Those wishing to speak at the hearing should notify Deborah Greer at (518)474-4567 at the Insurance Department's Albany Office. In accordance with the Americans with Disabilities Act, the Insurance Department will provide a reasonable accommodation, such as a sign language interpreter, a qualified reader, etc., at no charge to any covered individual wishing to attend or testify at the hearing when such a request is made at least 7 days before the hearing.

Those unable to attend the hearing may submit written statements for inclusion in the official record within ten days of the hearing date to Karen Eldred, Public Affairs at the Insurance Department's New York City Office.

A table listing the requested rate change is available upon request.

COUNTIES SERVICED: Albany, Broome, Chenango, Clinton, Columbia, Delaware, Dutchess, Essex, Franklin, Fulton, Greene, Hamilton, Herkimer, Lewis, Madison, Montgomery, Oneida, Onondaga, Orange, Otsego, Putnam, Rensselaer, Saratoga, Schenectady, Schoharie, St. Lawrence, Tioga, Ulster, Warren & Washington Counties.

MEMBERSHIP AFFECTED: 3,700


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