New York Revises Healthy NY Program

NU Online News Service, June 3, 2003, 4:05 p.m. EDT – The New York State Insurance Department says Healthy NY, a state-sponsored insurance program for individuals and small businesses in the state, will offer better terms starting July 1.

Rates for coverage will go down an average of 17%, and individuals will be able to lower rates further by agreeing to go without prescription drug benefits, state officials say.

Employers that participate will have more flexibility about the level of premium contribution for part-time workers, officials say.