The New York State Department of Financial Services has announced 2020 Small Group rate increases. Below is a summary of approved rate increases by carrier.
Carrier | Requested Increase | Approved DFS Increase |
Aetna | 9.3% | 1.1% |
Emblem | 5.9% | 4.9% |
Empire | 8.5% | 8.5% |
Healthfirst | -4.7% | -4.7% |
Oscar | 17.5% | 17.5% |
Oxford | 15.9% | 9.6% |
We will share additional details as they are released by the carriers.
Click here for the official release from the DFS.