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It allows enrollees to compare health insurance plans and provides those who qualify with access to tax credits. Enrollment started on October 1, 2013. [2] It was created in April 2012. [1] During the first month of operation 16,404 people enrolled in health plans offered through New York's health insurance marketplace. [3]
NY State of Health is the health insurance marketplace for city residents aimed at lowering costs. [6] [7] NYC Health + Hospitals has the MetroPlus health insurance plans for lower-income residents, and NYC Care for no- or low-cost services for residents who do not qualify for or cannot afford health insurance. [8]
Health Republic began selling insurance plans to individuals and small groups, both on and off the NY State of Health marketplace, in October 2013. [2] During the 2013-2014 Open Enrollment period, Health Republic captured the largest marketshare on the New York State of Health marketplace. [3]
Health insurance rates in New York for individuals will increase 12.7% on average next year while small-group plan rates rise 8.4%, state records show.
Health Insurance Plan of Greater New York (HIP) was incorporated in 1944 as the first health insurance plan for public service workers. [9] The company was founded by David M. Heyman with the support of New York City mayor Fiorello La Guardia, who wanted to offer medical services to New Yorkers of “moderate means.” [10] HIP got its first members in 1947.
Health care costs:New York health insurance rates to jump double-digit percentage in 2024. What is NY aging plan's goal? "This is supposed to be a living document and relevant for years to come ...