That's the same number of health insurance companies that sold individual coverage for 2016 in at least one of the eight counties of
Four companies are selling small-business insurance coverage through the exchange for 2017 in the region, also the same number as in 2016.
State health officials said consumers continue to have considerable choice on the exchange market, and the exchange since its launch has helped reduce the state's rate of uninsured from 10 percent in 2013 to 5 percent in
"Since its start three years ago, NY State of Health has had tremendous success, enrolling more than 2.8 million New Yorkers in affordable coverage through the marketplace."
Enrollment for the NY State of Health exchange started in 2013 for coverage that began
The insurance exchanges in
The most notable change in the NY State of Health exchange came last year when state and federal regulators ordered the closure of
Other than the shutdown of
"There are some counties, some very rural counties, that don't have the same number of plan offerings. But certainly any of the metropolitan areas have good competition and have a good selection of plans. And I think that's one of the strengths of our marketplace," said
Fourteen companies are offering individual coverage in a qualified health plan in at least one county statewide for 2017, one fewer than in 2016, though the company that withdrew, Wellcare, enrolled just 1,000 members in a qualified health plan through the exchange.
Eight insurers are offering small business coverage through the exchange, and 14 insurers are offering Essential plans, which are designed for lower-income residents.
That contrasts with the national picture, where as much as one-third of the country could see one insurer offer exchange coverage and 55 percent could see two or fewer insurance options, according to an analysis by
Open enrollment for individuals and families begins
State insurance regulators approved rate increases ranging from 8.7 percent to 19.6 percent for individual plans sold on and off the exchange next year in the region. Insurers cited rising healthcare and drug costs, government mandates and other factors as driving the rate hike requests. Consumers can choose from a range of plans sold on different "metal" tiers with different price points, as well as the Essential plan or
For more information on which plans are available in each county, visit info.nystateofhealth.ny.gov/PlansMap.
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