By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health 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
    headphones can create health problems
    The Harmful Health Effects of Using Headphones
    September 24, 2021
    Headache causes
    4 Causes Of Headache You Probably Didn’t Know About
    December 28, 2021
    follow these steps to recover from your injury
    What Steps Should You Take to Recover More Quickly from an Injury?
    April 12, 2022
    Latest News
    The 6 Most Common Injuries Resulting from Motorcycle Accidents
    January 30, 2023
    6 Essential Strategies for Improving Your Medical Practice
    January 25, 2023
    Staying Positive While Living with Mesothelioma
    January 24, 2023
    The Many Health Benefits of Being Outdoors
    January 17, 2023
  • 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
    Prime Healthcare Billing Processes Under Question as 25% of Medicare Patients are Showing Malnutrition- Profit Algorithms?
    August 23, 2017
    It’s All the Doctors’ Fault
    September 14, 2011
    Feds Bust Doctor for Medicare Fraud– Biggest MD Fraud Case in History
    March 1, 2012
    Latest News
    Simplifying the Genetic Testing Process: How At-Home Kits are Changing the Game
    January 25, 2023
    9 Hospitals That Have Introduced Green Initiatives
    January 25, 2023
    Why a Health Retreat Can Be the Best Medicine
    January 12, 2023
    Best Money-Saving Tips for Health Managers
    January 12, 2023
  • 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
Sign In
Notification Show More
Latest News
investing in senior care
5 Reasons Why Investing in Senior Care Is a Wise Choice?
Senior Care
prevent birth injuries
Distressing Birth Injuries and How They Can Be Prevented
Women Health
reduce infertility risks
Lifestyle Choices You Can Make to Minimize Infertility
Pregnancy
stablecoins in healthcare
Stablecoins May Change the Future of Healthcare Billing
News
Personal Injury Healing Tips and Strategies
Personal Injury Healing Tips and Strategies
Health
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
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
Last updated: 2011/05/31 at 6:01 PM
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.

More Read

things to understand about insurance

Top 4 Important Things To Understand About Insurance

Get Rewarding Results From Physical Therapy And Chiropractic Care
8 Common Questions About Life Insurance Answered
10 Things You Should Keep In Mind Before Availing Of Health Insurance
Why You Need Insurance – And What Kinds You’ll Need

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

 

TAGGED: health care reform, insurance

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
BarbaraDuck May 31, 2011
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Are Doctors Shifting to the Left?
Next Article The Role of Conflicted Science in the Cell Phone-Cancer Link

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

investing in senior care
5 Reasons Why Investing in Senior Care Is a Wise Choice?
Senior Care January 30, 2023
prevent birth injuries
Distressing Birth Injuries and How They Can Be Prevented
Women Health January 30, 2023
reduce infertility risks
Lifestyle Choices You Can Make to Minimize Infertility
Pregnancy January 30, 2023
stablecoins in healthcare
Stablecoins May Change the Future of Healthcare Billing
News January 30, 2023

You Might also Like

protect patient's information
Health ReformMedical EthicsPolicy & Law

7 Key Tips To Protecting Patient Health Information

September 8, 2022
Long-Term Disability Insurance
Health ReformPolicy & Law

What Can You Do If Your Long-Term Disability Insurance Won’t Pay Up?

March 30, 2022
Psychiatrists are now working online
Global HealthcareHealth ReformMental HealthPolicy & LawPublic Health

Psychiatrists Now Working Online: How the Mental Healthcare Industry Is Evolving

December 12, 2021
people in the office having a discussion
HealthHealth Reform

Health Benefits of a Clean Office

October 25, 2021
//

We influence million of users and is the most authentic source of information on healthcare business and technology news.

Quick Links

  • About
  • Contact
  • Privacy
Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Follow US

© 2008-2023 HealthWorks Collective. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?