By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    physical health
    5 Ways Playing Games Can Improve Neural and Physical Health
    September 9, 2022
    Reasons For Hair Loss and Its Treatment
    Reasons For Hair Loss and Its Treatment
    February 16, 2022
    healthcare organization
    5 Actionable Strategies For Healthcare Organizations
    August 15, 2022
    Latest News
    7 Most Common Healthcare Accreditation Programs: Which Should You Use?
    August 20, 2025
    Hospital Pest Control and the Fight Against Superbugs
    August 20, 2025
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    4 Reasons Chris Cornell’s Death Raises Medical Ethics Questions
    December 19, 2018
    What If You Could Sell Your Vote?
    August 24, 2017
    The Sleepy American
    September 12, 2017
    Latest News
    How Social Security Disability Shapes Access to Care and Everyday Health
    August 22, 2025
    How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
    August 22, 2025
    How One Fall Can Lead to a Long Road of Medical Complications
    August 22, 2025
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Health Insurance HMO Prices in New York City Non-Affordable for Many
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health Reform > Health Insurance HMO Prices in New York City Non-Affordable for Many
Health Reform

Health Insurance HMO Prices in New York City Non-Affordable for Many

BarbaraDuck
BarbaraDuck
Share
2 Min Read
SHARE

The number of HMOs serving New York City has also dropped from 13 in 2004 to seven today.  I’m guessing that the bankers on Wall Street aren’t paying this as they get a discounted employer plan so who does that leave out there?  The numbers have dropped from around  100,000 individuals to just over 13,000 so that’s a good indication right there and there appears to be no end in sight as the rates for many are 30% higher than last year.  When you look at family coverage at over 8k, you do wonder who can afford this?  BD 

The number of HMOs serving New York City has also dropped from 13 in 2004 to seven today.  I’m guessing that the bankers on Wall Street aren’t paying this as they get a discounted employer plan so who does that leave out there?  The numbers have dropped from around  100,000 individuals to just over 13,000 so that’s a good indication right there and there appears to be no end in sight as the rates for many are 30% higher than last year.  When you look at family coverage at over 8k, you do wonder who can afford this?  BD 

ALBANY – For city residents forced to buy their own health insurance, President Obama‘s sweeping health care law can’t take effect soon enough.

Premium rates for personally funded HMOs soared last year as the number of insurers competing for business has dropped dramatically since 2004, the Daily News has learned.

One company, GHI HMO Select, is now charging individuals $3,319 a month. And GHI family coverage is a jaw-dropping $8,463 per month, the state Insurance Department said. Those rates are nearly 8% higher than last year’s.

Managed Health Inc.‘s premiums are a whopping 30% higher this May compared with last year – the biggest increase in the city.

Health care prices in New York City skyrocket, residents anxious for Obamacare policy to kick in

 

More Read

8 Common Questions About Life Insurance Answered
ICD-10 Delay 1 Year to 2014, HHS Announces
NY Governor’s Plan for Trimming Medicaid Costs within Budget Nets Early Win
Why Medical Device Regulatory Compliance is a Business Decision
Insurance Shopping Tools Online: Open Enrollment Nears

TAGGED:health care reforminsurance
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

travel nurse in north carolina
Balancing Speed and Scope: Choosing the Nursing Degree That Fits Your Goals
Nursing
September 1, 2025
intimacy
How to Keep Intimacy Comfortable as You Age
Relationship and Lifestyle Senior Care
September 1, 2025
engineer fitting prosthetic arm
How Social Security Disability Shapes Access to Care and Everyday Health
Health care
August 20, 2025
a woman explaining the document
How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
Public Health
August 20, 2025

You Might also Like

The Walking Gallery
Health ReformSocial Media

The Walking Gallery: Personalizing Patient Stories [Podcast]

February 9, 2015

Transformational and Disruptive Changes Are Coming to the Delivery System

July 22, 2012

Bye, bye Brokers?

February 17, 2011

Debate Over Doctor Shortages

August 17, 2012
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?