Final 2023 NY small group health insurance rates released
NY Dept of Financial Services has released the final approved 2023 NY small group health insurance rates in NY. The list of downstate requested vs. approved rate changes are listed in the chart below.
Should you wish to review rates for all carriers, you can request a summary comparison of all carriers and networks here. You can also set up an online consult with us via our online calendar here.
| Company | Requested 2023 Rate Actions | Approved 2023 Rate Actions |
| Emblem (HIP) | 19.0% | 13.6% |
| Empire Healthchoice Assurance | 17.6% | 12.1% |
| Healthfirst Insurance Company, Inc. | 15.0% | 8.4% |
| Oscar | 19.4% | 12.2% |
| Oxford Health Insurance Inc. | 16.8% | 6.0% |
Peak Advisors, Inc. is a group health insurance brokerage located on Long Island, NY. We specialize in NY small business health insurance plans consisting of 1-100 employees throughout the tri-state area. In addition, we write a full array of Business, Personal, and Senior Insurance products. So give us a call at (631) 207-1800 to discuss you insurance needs.
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