The New York State insurance Department has released average increases that they have approved, effective January 1. CareConnect is going up 29.2%, Oscar 19.6% and United Healthcare 28%. The failure of ObamaCare to provide low cost alternatives continues to be a problem for New York Residents. On top of the high rate increases, Oscar has created its own network, which is more limiting than the magnacare network. For the whole press release, click here.
More Network Problems
Last year Manhattan residents that used NYU/Langone had to go to Oscar as the only plan where they could get coverage. Oscar’s new network will not cover Langone either, so it appears that no individual plan will have a broad enough network to enable them to receive necessary health care.