About Careers MedBlog Contact us
Medindia LOGIN REGISTER
Advertisement

More Health Insurance Audits Launched in New York State

by Lakshmi Gopal on February 17, 2012 at 2:43 AM
Font : A-A+

 More Health Insurance Audits Launched in New York State

A new level of insurance regulators in New York State has begun to audit increases in health insurance rates.

This comes as part of a state plan to make health insurance more accessible, transparent and to strengthen reviews of premiums for the public. The process will include on-site audits of state health plans, data about claims, insurer administrative costs, premiums and claims reserves.

Advertisement

Some, however, say that this is a mirror image of the work the The New York State Department of Financial Services already does in the same sphere.

The new exercise aims to investigate the accuracy of the data used by insurers and Health Management Organizations (HMOs) for rate increase requests. It will also help control rising health insurance costs. A private accounting firm will examine rate increase requests that have already been filed. Insurers will be audited randomly - they will not be informed in advance about it.



Source: Medindia
Advertisement

Advertisement
Advertisement

Recommended Reading

Latest Health Insurance News

Why Do Few Medicaid-Participating Physicians Provide Long-Term Contraception Care?
Medicare beneficiaries face challenges when accessing contraceptive or birth control care, especially long-acting birth control methods.
Medicaid Expansion Decreases Disparities in Preventable Hospital Visits
Medicaid expansion improves access to care and addresses health gaps in the 11 states that have opted against Medicaid expansion.
 Dental Services Use Among Medicare Beneficiaries
: Is Medicare beneficiary to oral health? Following enrollment, traditional Medicare and Advantage beneficiaries used fewer dental services.
Can Expanding Medicaid Led to Reduced Postpartum Hospitalizations
A third of women with pregnancy coverage through Medicaid are uninsured before or after pregnancy, says study.
Medicaid Improves Cancer Survival Outcomes in the US
Young adults with breast cancer and stage IV cancers had pronounced improvements attributable to the US' Affordable Care Act (ACA)-expanded Medicaid.
View All
This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close
×

More Health Insurance Audits Launched in New York State Personalised Printable Document (PDF)

Please complete this form and we'll send you a personalised information that is requested

You may use this for your own reference or forward it to your friends.

Please use the information prudently. If you are not a medical doctor please remember to consult your healthcare provider as this information is not a substitute for professional advice.

Name *

Email Address *

Country *

Areas of Interests