DFS has released the final approved 2022 NY small group health insurance rates in NY. Statewide, Insurers requested an average rate increase of 14.0% in the small group market, and DFS approved a 7.6% increase for 2022. The list of downstate requested vs. approved rate changes are listed in the
If you are looking for NY small group health insurance, then you might be happy to hear that you can enroll during the yearly Federal Open Enrollment Period (FOE) for small businesses between November 15 and December 15 for January 1 effective dates. What is the Federal Open Enrollment Period?
Please note: This piece was taken from a recent Newsday article in an interview with James Eckardt, President of Peak Advisors. View original article After a brief respite, health insurance rate increases are returning to their pre-pandemic pace. In the so-called small group market, which covers employers with 1 to
Beginning on 1/15/22, the federal government will require insurance companies and group health plans to cover the cost of over-the-counter, at-home COVID-19 tests. UPDATE 01.21.2022 : COVID-19 At-Home Testing Coverage Carrier GuidelinesFor your reference, we have prepared COVID-19 At-Home Testing Coverage Carrier Guidelines. Click HERE to view. Posted 1.11.22: Insurance Companies & Group
We get calls from many accountants and CPAs as well as small business owners who are looking to get health insurance for a business that doesn’t have any employees besides the owner or the owner’s spouse. They have been closed out of the small group marketplace because the Affordable Care
Healthfirst has advised us of a change to their product offerings for new and existing business that affects their GOLD metal EPO plans ONLY. If you are looking for or have Healthfirst please see the changes being implemented and the options you will have going forward. Effective immediately, Healthfirst will
Recent studies examined the importance of employee benefits since the pandemic. Did you know? 62% of employees think employee benefits are more important now because of the pandemic 60% of employees are interested in their employer providing a wider mix of non-medical benefits that they can choose to purchase on their own