New York State
Insurance Department

INDEPENDENT HEALTH RATE HEARING

New York, December 1, 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:

TYPE OF ORGANIZATION:  Article 44 HMO 

LICENSURE:  Article 44 Public Health Law

 DATE:  December 11, 1997 

TIME:  10:30 am

COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
All contracts and riders

WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:
Hudson Valley: 6.6%; Metro: 28.9% 

PROPOSED EFFECTIVE DATE:  January 1, 1998 

LAST RATE CHANGE:  July 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 200 White Plains Road, Tarrytown, NY 10591 or at the offices of the Insurance Department:

Those wishing to speak at the hearing should notify Karen Eldred at (212) 480-5262 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. 

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:  Hudson Valley: Dutchess, Orange, Putnam, Rockland, Ulster and Westchester. Metro New York: Bronx, Kings, Nassau, New York, Queens, Richmond and Suffolk.