New York State
Insurance Department
CAPITAL DISTRICT PHYSICIANS’ HEALTH PLAN RATE HEARING
New York, October 30, 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: Capital District Physicians’ Health Plan
| ADDRESS: | 17 Columbia Circle Albany, NY 12203 |
TYPE OF ORGANIZATION: Article 44 HMO
LICENSURE: Article 44 Public Health law
| PLACE OF HEARING: | Albany Public Library 161 Washington Avenue Albany, NY |
| DATE: November 14, 1997 | TIME: 12:00 P.M. |
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Prescription drug rider; $25 emergency room co-payment rider, and
Inpatient mental health rider.
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:
| Prescription drug rider: $25 emergency co-payment rider: Inpatient mental health rider: Overall Average: |
+30.6% average increase; +77.1% average increase; -70.2% average decrease +28.4% |
PROPOSED EFFECTIVE DATE: January 1, 1998
LAST RATE CHANGE: January 1, 1997
An Article 44 Health Maintenance Organization may not change subscriber rates more than + 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 17 Columbus Circle, Albany, NY 12203, 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 10004-2319 (By Appointment Only) 212-480-5215 |
Albany Office |
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 of the Public Affairs Office at the Insurance Department’s New York City Office.
A table listing the requested rate change is available upon request.
| COUNTIES SERVICED: | Albany, Schenectady, Schoharie, Saratoga, Rensselaer, Columbia, Greene, Warren, Washington, Fulton, and Montgomery. |
MEMBERSHIP AFFECTED: 67,000