On July 1, 2023, we submitted an application requesting 2024 premium rate changes in accordance with New York state prior approval law. This rate application applies to Community Rated Large Group HMO and Medicare Supplement products.
The following products are included in this 2024 rate filing:
- Blue Choice 25
- Blue Choice 30
- HMO Blue 25
- HMO Blue 30
- Medicare Supplement
Employer Group Communication
Initial notification letters were mailed to community-rated employer groups and direct pay members enrolled in the products listed above. The letter included our requested rate percentage changes.
Broker Communication
In late July, brokers received an encrypted e-mail notification with copies of the initial notification letters being sent to their groups. The encrypted emails* will expire if not read within the specified timeframe as indicated in your email notification.
Your groups will receive an annual rate notification with the actual, approved rates 60 days prior to their renewal date. The annual rate notices will be available to brokers on Information Connection.
It’s important that the groups receive the notification and distribute the individual letters to their employees with any additional information explaining the rate changes which may be different from the rates in the initial notification letters (e.g., shared expense).
Please contact your account manager if you have any questions.
