New York Health Insurance (NY)
Given the current climate of economic and financial uncertainty, consumers know that finding quality, affordable New York health insurance is more important than ever. Whether you are searching for individual, family or group coverage, everyone wants to be certain that they are choosing the right New York health insurance policy for their specific needs and circumstances.
Unfortunately, many people who are gainfully employed and have group coverage are finding that their employers are either cutting back on benefits or doing away with them altogether. This situation requires either securing new individual/family New York health insurance coverage, or adding additional coverage to supplement the group policy.
Whatever the circumstances, more and more people are looking for affordable New York health insurance. This is an important decision, both personally and financially, so it is the wise consumer who investigates and researches all the available companies and policies offered.
You can trust healthinsuranceusa.com to give you reliable information and quotes for the New York health insurance policy which is just right for you, your budget, and your individual situation.
New York is one of the states with the largest number of health insurance plans available and also has some of the most consumer-friendly health insurance regulations in the country. Medical underwriting is not allowed in New York. This means that New York health insurance coverage must be offered to all individuals throughout the state, even if they have a serious medical condition.
In spite of this fact, approximately 13% of the population lacks New York health insurance. The skyrocketing costs of health insurance premiums are directly related to the unpaid cost of health care for the uninsured. Those without New York health insurance coverage tend to go to hospital emergency rooms for any type of medical problem and this is where the cost of treatment is the most expensive.
Uninsured New Yorkers are also more likely to have no preventative care or evaluations. Therefore, when they arrive at the emergency room, there is an increased possibility that their condition will be more advanced and also more costly to treat. So it is important that affordable health insurance be available to all New Yorkers. This will benefit everyone in the long run.
“Healthy NY” was established in 2000 to assist small business owners and uninsured workers in securing New York health insurance. All HMOs in the state offer the Healthy NY benefit packages which cover basic health needs. Small business (group) employers, sole proprietors, and uninsured workers are all eligible for Healthy NY health benefits, but each group has different rules and criteria regarding participation.
Small group policy premiums are determined through the overall medical history of all of the members, not each individual. Every New York health insurance company must accept all persons applying for group coverage. However, companies can exclude coverage for a pre-existing condition for up to one year.
If you meet certain requirements, you may be eligible for coverage through Healthy NY:
1. You (or your spouse) must be currently employed or must have been employed within the past twelve months.
2. Your employer must not be able to provide you New York health insurance.
3. You must be ineligible for Medicaid.
For more information on Healthy NY, just click on http://www.ins.state.ny.us/puborder.htm. You can review the application process and access all the necessary forms at www.healthyNY.com.
In addition to Healthy NY, there are several other important New York health insurance programs offered to consumers. One is COBRA, which is the Consolidated Omnibus Budget Reconciliation Act of 1985. Most companies that employ more than 20 people are required to offer their employees and their dependents a continuation of coverage for benefits that were lost due to death, divorce, job loss, or a reduction in work hours.
Another program is Medicaid, which is a joint state and federal plan that pays for medical and long-term treatment for certain eligible people, such as children, low-income pregnant women, individuals on Medicare, the disabled, and those people living in nursing homes. There are eligibility requirements regarding age, disability, income and resources. For more information concerning New York Medicaid, visit http://www.health.state.ny.us/healthcare/medicaid.
New York also offers the Child Health Plus program. This plan is aimed at children in New York who are under the age of 19 years and whose family income is within 250% of the Federal Poverty Level. You can learn more about this program at http://www.health.state.ny.us/nysdoh/chplus/index.htm.
Companies that offer New York health insurance use their own actuarial models to formulate the cost of premiums for every type of policy and also the benefits to include in each plan. This can create big differences in not only premium rates but also in the types of benefit plans available to consumers. At healthinsuranceusa.com you will find all the information you need to assist you in making an informed and thoughtful decision concerning your New York health insurance needs and we will provide you with reliable quotes for the exact type of personalized health insurance policy you choose.
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