New York State
Insurance Department


ISSUED: 11/17/99

FOR IMMEDIATE RELEASE



DEPARTMENT TO HOLD PUBLIC HEARING ON
NORTH AMERICAN HEALTHCARE’S PROPOSED RATE INCREASE

       The New York State Insurance Department has scheduled a public hearing November 30th in Dunkirk to consider an application for subscriber rate changes by North American Healthcare, Inc. (HMO).

       The hearing will be held on the following date and time:


November 30th in Dunkirk
Sheraton - Dunkirk
30 Lakeshore Drive East
Dunkirk, NY
TIME: 2:00 PM

 

COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED: Prescription Drug Riders

WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED: 56.1%

MEMBERSHIP AFFECTED: 21,000 members

PROPOSED EFFECTIVE DATE: January 1, 2000

       Health Maintenance Organizations (HMOs) are not permitted to change subscribed rates more than 10% 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 offices at: 300 Corporate Parkway, Amherst, NY 14226 or at the offices of the Insurance Department:

 

New York Office
Health Bureau
25 Beaver Street, 2nd Floor
New York, NY 10004
(By Appointment Only)
(212) 480-5242
Buffalo Office
Walter J. Mahoney Office Building
65 Court Street
Buffalo, NY 14202
(By Appointment Only)
(716) 847-7618

 
       Those wishing to speak at the hearing should notify Marie Filipiak at (716)847-7618 at the Insurance Department’s Buffalo Office.

       Those unable to attend any of the hearings may submit written statements for inclusion in the official record to the Public Affairs & Research Bureau at the Insurance Department’s New York City address.

COUNTIES AFFECTED: Allegany, Cattaraugus, Chautanqua, Chemung, Erie, Genesee, Niagara, Orleans, Steuben and Wyoming.

 


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