New York State
PREFERRED CARE RATE HEARING
New York, November 5, 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:||Rochester Area Health Maintenance Organization, d/b/a Preferred Care|
|ADDRESS:||259 Monroe Avenue
Rochester, NY 14607-3699
TYPE OF ORGANIZATION: Article 44 HMO
LICENSURE: Article 44 Public Health Law
|PLACE OF HEARING:||Monroe County Cooperative Extension
249 Highland Avenue
DATE: November 18, 1997
TIME: 1:00 pm.
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Group Prescription Drug Riders Only
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED: +21.3%
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% 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 259 Monroe Avenue, Rochester, NY 14607-3699, 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 Karen Eldred at (212) 480-5262 at the Insurance Department's Office of Public Affairs in New York City. 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 the Office of Public Affairs at the Insurance Department's New York City Office.
A table listing the requested rate change is available upon request.
COUNTIES SERVICED: Monroe, Wayne, Livingston, Yates, Ontario, Seneca, Genesee, Orleans and Wyoming.
MEMBERSHIP AFFECTED: 48,000