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ISSUED: 11/26/99 FOR IMMEDIATE RELEASE

DEPARTMENT TO HOLD PUBLIC HEARING ON UNIVERA HEALTHCARE’S - CNY PROPOSED RATE INCREASES

The New York State Insurance Department has scheduled a public hearing December 10th in Syracuse to consider an application for subscriber rate changes by Univera Healthcare – CNY.

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

December 10th in Syracuse

Hearing Room – A
New York State Office Building
333 East Washington Street
Syracuse, NY
9:00 AM

WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED:

Syracuse Area
Group HMO: 7.0%
Group POS: 7.0%
Commercial Drug Riders: 48.2%
Commercial Non-Drug Riders: 7.1%
Individual Direct Pay: 12.2%
HMO Dental: 7.0%
Utica Area
Group HMO: 7.0%
Group POS: 7.0%
Commercial Drug Riders: 49.1%
Commercial Non-Drug Riders: 7.3%
Individual Direct Pay: 12.2%
HMO Dental: N/A
MEMBERSHIP AFFECTED: 92,000 members
PROPOSED EFFECTIVE DATE: January 1, 2000

Health service organizations or 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, the Plan is making available a summary of facts supporting its application available to the public. 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: 8278 Willett Parkway, Baldwinsville, NY 13027 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 Syracuse hearing should notify Deborah Greer at (518) 474-4567 at the Insurance Department’s Albany 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: Broome, Chemung, Cortland, Herkimer, Madison, Oneida, Onondaga, Schuyler, Tioga, Tompkins and portions of Cayuga, Oswego and Steuben.

Department of Financial Services

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