Eleven health insurers were ordered by New York regulators to refund $114.5 million to policyholders because they ran afoul of the medical loss ratio requirements in the state.
A new report indicates that the rate of working-age adults in New York who have health coverage from their employer is decreasing while those receiving government assistance for coverage or … Read →
New York Attorney General Andrew Cuomo has reached agreements with two New York insurers to stop using the controversial Ingenix reimbursement database after threatening to sue both companies last month.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.