United Healthcare has agreed with the New York insurance commissioner to make its filings for increases in health insurance rates public.
The decision was disclosed today by Benjamin Lawsky, who is now known as the superintendent of the New York state Department of Financial Services.
It followed discussions between Lawsky, DFS lawyers and United Healthcare officials, including Jeff Alter, United’s CEO.
United Healthcare was one of 10 insures who filed legal objections to Lawsky’s decision to make the rate increase filings public.
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United does business in New York as Oxford Insurance.
Lawsky said that United Health has formally withdrawn its objections and agreed with the Superintendent that its filings should be made public.
United Healthcare has agreed that its entire application, including all required information and exhibits, will be made available to the public.
UnitedHealth’s decision terminates its challenge to the Superintendent’s decision, Lawsky said.