The Regulators
Who regulates the health care products you buy? It's a combination of State and Federal. The State has the biggest part and you should look to them first to understand if your problem falls in their court or in the Federal realm. If you have a problem with the health plan, start with the health plan's grievance and appeal process. If this fails then you turn to the regulators for help. Remember that a good broker can help with this entire process.
New York Department of InsuranceThe New York Department of Insurance is the agency is responsible for regulating Health Insurance Plans and Managed Care Plans in the state of New York. Their site has a lot of valuable information. Be sure to check link above to see all the information that is available to you.
Financial Rating Organizations
On these sites you will be able to check the financial health in the various health care companies.
- A.M. Best
- Fitch Ratings
- Moody's Investors Service
- Standard & Poor's Insurance Ratings
- Weiss Ratings, Inc.