Individuals buying health insurance on their own will see their premiums tumble next year in New York State as changes under the federal health care law take effect, Gov. Andrew M. Cuomo announced on Wednesday.
State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly. With federal subsidies, the cost will be even lower....“The extraordinary decline in New York’s insurance rates for individual consumers demonstrates the profound promise of the Affordable Care Act,” she added.
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Wednesday, July 17, 2013
Health Care Reform Stalled By Walker A Boon Already In NY
Another Walker inspired loss for our state as he has side-tracked creation of a state-sponsored online insurance purchase mechanism, but it's already a success for hundreds of thousands of New York purchasers:
When the 2018 Cadillac tax kicks in watch the reaction of government employees and retirees as the ax falls on their health benefits.
ReplyDeleteN.Y. is going to wish it had Scott Walker as Governor.
`hey, what happened to the predictions that the premium controls would fail? What happened to the predictions that the law would never even pass?
ReplyDeleteI am going to bookmark this prediction also, a prediction so sketchy it's author couldn't even be brave enough to make up a pseudonym to claim it.