Expect 12.7% Surge in NY Health Insurance Rates in 2022
TL/DR –
Health insurance rates in New York State are set to rise by an average of 12.7% next year. Individual health plans are expected to see premium hikes of up to 35%, according to state regulators. The insurance rates in New York, which are already among the highest in the country, have been approved for increases.
New York State Health Insurance Rates Estimated to Rise 12.7% on Average in Upcoming Year
The health insurance rates in New York State are projected to rise by 12.7% on average next year. This comes after the state approved rate hikes on health insurance premiums.
Individual Health Plans Rates to Increase by up to 35%
Premium hikes of up to 35% for individual health plans have been approved by New York State. These increases come despite ongoing state efforts to cut health insurance rate hike requests.
New York’s Health Insurance Rates Continue to Rise
New York’s health insurance rates, already among the highest in the nation, continue to increase despite ongoing efforts to cut rate hike requests.
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