Individual Market Rates Increase by an Average of 13 Percent in 2025
New Yorkers anticipating health insurance premiums in the individual market will facedisappointing developments in 2025. The latest data shows that individual market ratesare expected to increase by an average of 13 percent next year. Insurance carriers initiallyrequested a 17 percent average rate surge for 2025, but through New York’s prior approvalprocess, the Department of Financial […]
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