New York State
HEALTH SERVICES MEDICAL CORPORATION 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:||Health Services Medical Corporation of Central New York, Inc.|
|ADDRESS:||8278 Willett Parkway
Baldwinsville, NY 13027
TYPE OF ORGANIZATION: Article 43/44 HMO
LICENSURE: Article 44 Public Health Law and Article 43 Insurance Law
|PLACE OF HEARING:||State Office Building
333 East Washington Street
Hearing Room B
Syracuse, New York
DATE: November 19, 1997
TIME: 11:00 a.m.
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Large and Small Group HMO, Direct Pay, Point of Service and Dental contracts and riders.
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:
Syracuse Region: +13.2%
Utica Region: +15%
PROPOSED EFFECTIVE DATE: January 1, 1998
LAST RATE CHANGE: May 1, 1997
An Article 43/44 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 8278 Willet Parkway, Baldwinsville, NY 13027 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: Syracuse Region (Broome, Chemung, Cortland, Herkimer, Oneida, Onondaga, Schuyler, Tioga, Tompkins and portions of Cayuga, Madison & Steuben counties). Utica Region (portions of Oneida, Oswego, Herkimer and Madison counties.)
MEMBERSHIP AFFECTED: Syracuse Region: 84,680