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CAPITAL DISTRICT PHYSICIANS’ HEALTH PLAN RATE HEARING

New York, October 30, 1997

The New York State Insurance Department has called for a public hearing to consider an application for a subscriber rate change by the following health insurance provider:

PLAN: Capital District Physicians’ Health Plan

ADDRESS: 17 Columbia Circle
Albany, NY 12203

TYPE OF ORGANIZATION:    Article 44 HMO

LICENSURE:     Article 44 Public Health law

PLACE OF HEARING:     Albany Public Library
161 Washington Avenue
Albany, NY
DATE:  November 14, 1997

TIME:  12:00 P.M.

COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED: 
Prescription drug rider; $25 emergency room co-payment rider, and Inpatient mental health rider.   

WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:

Prescription drug rider:
$25 emergency co-payment rider:
Inpatient mental health rider:
Overall Average:
+30.6% average increase;
+77.1% average increase;
-70.2% average decrease
+28.4%

PROPOSED EFFECTIVE DATE: January 1, 1998

LAST RATE CHANGE: January 1, 1997

An Article 44 Health Maintenance Organization may not change subscriber 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 office   at 17 Columbus Circle, Albany, NY 12203, or at the offices of the Insurance Department:

New York City Office
Financial Condition Property Casualty Unit
25 Beaver Street - 4th Floor
New York, NY 10004-2319
(By Appointment Only)
212-480-5215

Albany Office
Agency Building One
Albany, NY 12257
(By Appointment Only)
518-474-4567

Those wishing to speak at the hearing should notify Deborah Greer at (518) 474-4567 at the   Insurance Department’s Albany Office In accordance with the Americans with Disabilities Act, the Insurance 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.

Those unable to attend the hearing may submit written statements for inclusion in the official record within ten days of the hearing date to Karen Eldred of the Public Affairs Office at the Insurance Department’s New York City Office.

A table listing the requested rate change is available upon request.

COUNTIES SERVICED: Albany, Schenectady, Schoharie, Saratoga, Rensselaer, Columbia, Greene, Warren, Washington, Fulton, and Montgomery.

MEMBERSHIP AFFECTED: 67,000

 

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