265.810           Adjustment of Premiums and Reimbursement Rates During the Pandemic

The Medical Society of the State of New York will advocate to the NYS Department of Health (DOH) Commissioner and the Commissioner of Insurance to review the business practices of all the major insurance companies.

The Medical Society of the State of New York will partner with the relevant New York State regulatory authorities and stakeholders to advocate that insurance companies adjust the premiums paid by customers to a fair level or provide them with appropriate reimbursements based on the reduction of services provided during the COVID-19 pandemic.

The Medical Society of the State of New York will partner with the relevant New York State regulatory authorities and stakeholders to advocate that insurance companies adjust their reimbursement rates to physicians, other providers and hospitals to fair and sustainable levels, adjusted by the increased costs spent by these individuals and entities during the COVID-19 pandemic, to ensure continuity of care for our entire community and particularly the most underprivileged population. (HOD 2022-100)