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
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • 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

Hospitals Push Hard for Medicaid Expansion
Embracing Change for Healthcare Transformation
Getting Young Invincibles to Buy Health Insurance?
Medical Tests You May Not Need
5 Tips for Conducting a Clinical Trial

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

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

contamination
Batch Failures And The Hidden Costs Of Contamination
Health Infographics
October 21, 2025
Medication Management For Seniors
Simplifying Medication Management For Seniors
Infographics Senior Care
October 21, 2025
Guide To Pursuing a Career in Nursing as a Foreigner in the USA
Collaboration Is the Prescription for Better Patient Care
Health
October 20, 2025
Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025

You Might also Like

Can Medicare be Cut Without Harming Patients?

August 29, 2011
Jeffrey Brenner
FinanceHealth ReformPolicy & LawPublic Health

How to Improve Healthcare: Address Super-Utilizers

November 21, 2013
Image
BusinessHealth ReformPolicy & Law

Exchanges Offer More Than Just a Product under ACA

March 27, 2013
EHR adoption Stage 2
BusinesseHealthHealth ReformHospital AdministrationMedical RecordsPolicy & LawPublic Health

Despite High EHR Adoption Rates, Physicians Want Stage 2 Delay

June 6, 2013
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?