New York State
Insurance Department
ISSUED: 2/23/2000 |
FOR IMMEDIATE RELEASE |
DEPARTMENT TO HOLD PUBLIC HEARING ON
PREFERRED CARE PROPOSED RATE INCREASE
The New York State Insurance Department has scheduled a public hearing March 3rd in Rochester to consider an application for subscriber rate changes by Rochester Area Health Maintenance Organization, d/b/a/ Preferred Care.
The hearings will be held on the following date and time:
March 3rd in Rochester
Rochester Academy of Medicine
Auditorium
1441 East Avenue
Rochester, NY
11:00 am
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
a) Group Base Contracts
b) Group Pharmacy Riders
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:
a)6.67%
b)8.50%
MEMBERSHIP AFFECTED: 122,400
PROPOSED EFFECTIVE DATE: April 1, 2000
Preferred Care submitted an application for a rate adjustment pursuant to Section 4308 (c), which requires the Superintendent of Insurance to make a determination as to whether the proposed rates should be approved as submitted, or if they should be modified or denied. Section 4308 (c) also requires that a public hearing be held to solicit comments from subscribers.
As an aid to the public, the Plan is making available a summary of facts supporting its application available. 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 259 Monroe Avenue, Rochester, NY 14607 and 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 |
Albany Office Agency Building One Empire State Plaza Albany, NY 12257 (By Appointment Only) (518) 474-4567 |
Those wishing to speak at the Albany hearing should notify Deborah Greer at (518)474-4567 at the Insurance Department’s Albany Office.
Those unable to attend the hearing may submit written statements for inclusion in the official record within 10 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 seven days before the hearing.
COUNTIES AFFECTED: Monroe, Wayne, Livingston, Yates, Ontario, Seneca, Genesee, Orleans and Wyoming.