New York State
HEALTH NOW RATE HEARING
New York, November 4, 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:||Health Now (an HMO line of business of New York Care Plus; Insurance Company, Inc. d/b/a/ Blue Shield of Northeastern New York)|
|ADDRESS:||187 Wolf Road
Albany, NY 12205
TYPE OF ORGANIZATION: Article 44 HMO
LICENSURE: Article 44 Public Health Law
|PLACE OF HEARING:||The Albany Public Library
161 Washington Avenue
Albany, New York
DATE: November 17, 1997
TIME: 11:00 a.m.
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Direct Pay Standard HMO and Point of Service Contracts
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED: 87.9%
PROPOSED EFFECTIVE DATE: January 1, 1998
LAST RATE CHANGE: April 1, 1997
An Article 44 Health Maintenance Organization may not change subscriber rates more than + 10% in any 12 month period 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 187 Wolf Road, Albany, NY 12205 or at the offices of the Insurance Department:
|New York City Office||Albany Office|
|Financial Conditions Property Bureau
25 Beaver Street
New York, NY 10004
(By Appointment Only)
|Agency Building One
Empire State Plaza
Albany, NY 12257
(By Appointment Only)
Those wishing to speak at the hearing should notify Deborah Greer at (518) 474-4567 at the Insurance Department's Albany Office.
Those unable to attend the hearing may submit written statements for inclusion in the official record within ten days of the hearing date to the Office of Public Affairs at the Insurance Department's New York City 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. A table listing the requested rate change is available upon request.
COUNTIES SERVICED: Albany, Clinton, Columbia, Dutchess, Essex, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington.
MEMBERSHIP AFFECTED: 420