Gov. Cuomo says NY'ers can expect lower insurance rates beginning 2014
By MATTHEW DONDIEGO
New York state residents without health insurance will now have access to significantly more affordable health care as changes created by the Affordable Care Act begin to come into effect.
Gov. Andrew Cuomo announced July 17 that the Department of Financial Services has approved health insurance rates for 17 insurance companies that plan to offer commercial health care coverage through the New York Health Benefit Exchange — a program established last year through an executive order by the governor.
Proponents of the Affordable Care Act say the new health exchange is expected to make insurance more accessible for more than one million uninsured residents.
"New York's health benefits exchange will offer the type of real competition that helps drive down health insurance costs for consumers and businesses," Cuomo said. "The opportunity to choose among affordable, quality health insurance options will mean improved health outcomes, stronger economic security, and better peace of mind for New York families."
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http://www.legislativegazette.com/Articles-Top-Stories-c-2013-07-23-84485.113122-Gov-Cuomo-says-NYers-can-expect-lower-insurance-rates-beginning-2014.html