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Is your insurance company trying to raise your premium rates next year?

Is your insurance company trying to raise your premium rates next year? Did you know consumers can submit comments to challenge rate increase proposals that they believe are too high? According to New York State Law, the Department of Financial Services can review proposed rates in the individual and small group markets.  

They consider many factors when approving rate increases, including objections filed by consumers like you!  Last year, after reviewing consumer comments, the rates that were approved were significantly less than what was requested.

Please note the comment period is very short and must be submitted within 30 days of an insurer's request.  This year, comments are due by Sunday, July 9th. To file a rate increase comment follow the link below. If you need help submitting a comment call CHA at 888-614-5400.

 https://myportal.dfs.ny.gov/web/prior-approval/submit-a-comment