New York State
NEW YORK INSURANCE DEPARTMENT TO HOLD TWO
PUBLIC HEARINGS ON COMMUNITY HEALTH PLAN
PROPOSED RATE INCREASES
New York, November 19, 1998
The New York State Insurance Department has scheduled two public hearings November 30th in Cooperstown, NY and December 1st in Albany, NY to consider an application for subscriber rate change by Community Health Plan. The companys headquarters is located at 1 CHP Plaza, Latham, NY 12110.
The Cooperstown hearing will take place on November 30, 1998 at 2:30 p.m. at the Clark's Sports Center, Susquehanna Ave., Cooperstown, NY. The Albany hearing will take place on December 1, 1998 at 10:00 a.m. at the Legislative Office Building, Empire State Plaza, Albany, NY.
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
HMO and POS Group & Direct Pay Contracts, and Medicare Contracts
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:
|Rural Region 1||20.8%|
|Rural Region 2||23.4%|
|Hudson Valley 1||8.4%|
|Hudson Valley 2||20.1%|
MEMBERSHIP AFFECTED: 185,000
PROPOSED EFFECTIVE DATE: January 1, 1999
Health Maintenance Organizations (HMOs) can not raise or reduce subscriber rates more than 10% without the prior approval of the Insurance Department.
A summary of facts supporting the companys application may be obtained from the companys office at 1 CHP Plaza, Latham, NY 12210 or from the Insurance Department. The complete subscriber rate increase application may be examined at the companys office or at the offices of the Insurance Department:
|New York City Office
25 Beaver Street, 2nd Floor
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 Departments 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 Public Affairs & Research Bureau at the Insurance Departments 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 seven days before the hearing.
COUNTIES AFFECTED: Columbia, Greene, Albany, Schenectady, Rensselaer, Saratoga, Fulton, Montgomery, (Capital Region). Schoharie, Delaware, Herkimer, Otsego, Chenango, Madison, Oneida (Rural Region1). Washington, Warren, Hamilton, Essex, Clinton (Rural Region 2). Dutchess, Putnam (Hudson Valley 1 Region). Orange, Ulster, Sullivan (Hudson Valley 2 Region). Broome and Tioga (Southern Tier).