New York State
FOR IMMEDIATE RELEASE
DEPARTMENT TO HOLD PUBLIC HEARING ON
NORTH AMERICAN HEALTHCARE PROPOSED RATE INCREASE
The New York State Insurance Department has scheduled a public hearing April 10th in Dunkirk to consider an application for subscriber rate changes by North American Healthcare, Inc.
The hearing will be held:
April 10th in Dunkirk
30 Lakeshore Drive East
Dunkirk, New York
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Commercial Prescription Drug Riders
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:
MEMBERSHIP AFFECTED: 21,000 members
PROPOSED EFFECTIVE DATE: May 1, 2000
North American Healthcare 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 Plans office or from the Insurance Department.
A copy of the complete subscriber rate increase application may be examined at the Plans offices at Guaranty Building, 28 Church Street, Room 100, Buffalo, NY 14202-3998 and at the offices of the Insurance Department:
|New York Office
25 Beaver Street, 2nd Floor
New York, NY 10004
(By Appointment Only)
Walter J. Mahoney Office Building
65 Court Street
Buffalo, NY 14202
(By Appointment Only)
Those wishing to speak at the Albany hearing should notify Marie Filipiak at (716) 847-7618 at the Insurance Departments Buffalo 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 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: Erie, Niagara, Orleans, Chautauqua, Wyoming, Callaraugus, Genesee, Allegany, Steuben and Chemung counties.