Notice For Your Health Insurance Clients
Beginning Monday June 8th health insurance carriers will begin to send notices to individual and group health insurance customers notifying them of the 2021 rates they are requesting. PLEASE NOTE: these rates are not final and are subject to change. The State of New York Department of Financial Services can come back to the carrier to adjust their request and the new rate would be communicated as the “final rate” for 2021 at a later date. Once the group gets the notice from the carrier it is their responsibility to distribute it to any employee in that specific plan (note each plan may have a different rate change). In addition these notices can be sent in either hard copy form or electronically to the employees. If you have any questions please don’t hesitate to reach out to any member of our Employee Benefits team for help. Thank you!