INSURASALES

Tag: New York

Record High Subprime Auto Loan Delinquencies Signal Economic Strain in New York

Fitch Ratings reports record high 6.65% delinquency rate on subprime auto loans in the U.S., with New York showing rising auto loan delinquencies amid affordability challenges and increasing insurance costs.

New York's ACA Tax Credit Use and Essential Plan Financing Under Scrutiny

An analysis of New York's minimal reliance on ACA tax credits due to the Essential Plan, the impact of enhanced subsidies, and upcoming federal policy changes affecting state health coverage financing.

New York Expands Gold Star Families Annuity to Cover Non-Combat Deaths

New York State expands Gold Star Families Annuity in 2025-26 budget to include families of service members who die on active duty in combat and non-combat situations, enhancing veterans' survivor benefits.

New York Expands Pharmacy Access for 2025-2026 COVID, Flu, and RSV Vaccines

New York State enhances access to COVID-19, influenza, and RSV vaccines for 2025-2026 with pharmacy-based administration and insurance coverage aligned to ACA guidelines.

New York Approves 2026 Health Insurance Rate Increases Below Insurer Requests

New York approves 2026 health insurance premium increases averaging 7.1% for individuals and 13% for small groups, driven by rising medical costs but below insurer requests.

New York Approves Moderate Health Insurance Rate Hikes for 2026 ACA Plans

New York state regulators approved 2026 health insurance rate increases for ACA marketplace plans, with 7.1% hikes for individuals and 13% for small groups, below insurer requests.

New York Eyes Annual Insurance Reporting for Multifamily and Nonprofit Housing

New York Assembly Bill A09016 proposes annual reporting on property and liability insurance for multifamily and nonprofit housing to enhance market transparency and inform regulatory oversight.

Audit finds New York's Medicaid program lost nearly half a billion dollars by not enrolling eligible seniors in Medicare,

Audit finds New York's Medicaid program lost nearly half a billion dollars by not enrolling eligible seniors in Medicare, costing state budgets as federal funding declines. Recommendations urge improved enrollment procedures and state-local coordination.

Broome and Tioga Counties Face $25M-$30M Storm Damage, Insurance Claims Surge

Severe July storms in Broome and Tioga Counties, NY cause $25M-$30M in property damage, prompting a rise in home and auto insurance claims and highlighting flood insurance importance.

New York Medicaid Cuts Threaten Health System Stability Amid Federal Changes

New York faces significant Medicaid funding cuts due to federal policy changes, risking health system stability and coverage losses for millions. State budget challenges and hospital financial strain are imminent.