The Daily Gazette
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Counties face 15- to 23-percent HMO premium hikes

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The state Insurance Department said today that the counties in the Capital Region are facing double-digit HMO premium increases this year, ranging from Albany’s 15 percent increase to Fulton County’s 23 percent increase. The data, released today, showed premium changes affected each of the state’s 62 counties from January 2009 to January 2010, with increases for people with small group and individual HMO coverage around 17 percent on average, but as high as 51 percent, ...

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March 17, 2010
3:15 p.m.

[ Flag Post ]

If lawmakers get the right of prior approval - some companies will leave. The fewer companies, the higher the cost. But when the companies get to self-regulate - they can do anything they want without having to answer to anyone. So either way, it is the consumer who gets screwed.