New York State
Insurance Department
NEW YORK INSURANCE DEPARTMENT TO HOLD
PUBLIC HEARING ON HEALTH CARE PLAN’S PROPOSED RATE INCREASE
New York, November 9, 1998
The New York State Insurance Department has scheduled a public hearing November 19th in Buffalo to consider an application for subscriber rate change by Health Care Plan, Inc. The company’s headquarters is located at 28 Church Street, Room 100, Buffalo, NY 14202-3998.
The hearing will be held November 19 at 10 a.m. at the Walter J. Mahoney State Office Building, 65 Court Street, Hearing Room 5, Buffalo, NY.
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
HMO Prescription Drug Riders
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED: 35%
MEMBERSHIP AFFECTED: 155,000
PROPOSED EFFECTIVE DATE: January 1, 1999
Health Maintenance Organizations (HMOs) and health service corporations can not change subscriber rates more than +10% without the prior approval of the Insurance Department.
A summary of facts supporting the company’s application may be obtained from the company’s office at 28 Church Street, Room 100, Buffalo, NY 14202-3998 or from the Insurance Department. The complete subscriber rate increase application may be examined at the company’s office or at the offices of the Insurance Department:
| New York City Office Health Bureau 25 Beaver Street, 2nd Floor New York, NY 10004 (By Appointment Only) 212-480-5215 |
Buffalo Office Walter Mahoney Office Building 65 Court Street Buffalo, NY 14202 (By Appointment Only) 716-847-7618 |
Albany Office Agency Building One Empire State Plaza Albany, NY 12257 (By Appointment Only) 518-474-4567 |
Those wishing to speak at the hearing should notify Marie Pilitiak at (716) 847-7618 at the Insurance Department’s Buffalo 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 Public Affairs & Research Bureau at the Insurance Department’s New York City Office. In accordance with the Americans with Disabilities Act, the 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.
COUNTIES AFFECTED: Allegany, Cattaraugus, Chautauqua, Erie, Genesee, Orleans, Niagara and Wyoming.