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ISSUED: 11/17/99 FOR IMMEDIATE RELEASE

DEPARTMENT TO HOLD PUBLIC HEARING ON UNIVERA HEALTHCARE – WNY’S PROPOSED RATE INCREASES

The New York State Insurance Department has scheduled a public hearing December 1st in Buffalo to consider an application for subscriber rate changes by Univera Healthcare – WNY (HMO), formerly known as Health Care Plan.

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

December 1st in Buffalo
Walter J. Mahoney State Office Building
Hearing Room Part 1
65 Court Street
Buffalo, NY
TIME: 10:30 AM

COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:

a) Prescription Drug Riders
b) Subscriber Agreements

WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:

a) 45%
b) 14.5%

MEMBERSHIP AFFECTED: 173,000 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: 28 Church Street, Buffalo, NY 14202 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, Erie, Genesee, Niagara, Orleans and Wyoming.

 

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