|By Rebecca Madden, Watertown Daily Times, N.Y.|
|McClatchy-Tribune Information Services|
For those who obtained health insurance coverage for the first time by utilizing
"People are freaking out about it," said
He said that's because letters come from insurance companies, and a person's tax credit, which helps alleviate some of the financial burden, is not taken into account. Health insurance companies don't know first-hand what a person's tax credit will be, as the state will end up sending a direct tax credit payment to the insurance company.
"One letter I saw was quoting a price of
Rate increases will take effect in 2015, and although some plans are asking as much as the 21 percent increase, people most likely will not have to pay that hefty amount.
The process has been set up through the state
People who don't agree with their proposed rate increase can send a letter or comment on their proposed increase to the department at
According to an
"People have actually been doing that, and it's nice,"
Despite the health insurance rate confusion,
"I think there's a big relief you can finally be treated for a chronic condition," he said.
While there have been some "bumps in the road," the health insurance exchange has worked well for most participants, she said.
"It's working. It really is," she said.
"We'd also love to assist small businesses through the marketplace," she said.
"We haven't seen as much as we'd like. It's taking the next step, and meeting with a navigator."
A list of local navigators is at www.nystateofhealth.ny.gov.
(c)2014 Watertown Daily Times (Watertown, N.Y.)
Visit Watertown Daily Times (Watertown, N.Y.) at www.watertowndailytimes.com
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