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Health insurance rates will increase 8.7% for some local small groups in 2022

The State Department of Financial Services announced allowable premium rate changes for 2022 for 18 health plans across New York.
Health insurance document

BUFFALO, N.Y. — Rates will go up for small group and individual health insurance in Western New York, but at a lower percentage than requested.

The State Department of Financial Services today announced allowable premium rate changes for 2022 for 18 health plans across New York, part of a prior approval process put in place a decade ago intended to help keep rates affordable for state residents.

For more information on how rates will change in 2022 for individual and small group members in Western New York region, click here to read the full story from Buffalo Business First.

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