DFS Announces 2020 Premium Rate Increases

The New York State Department of Financial Services has announced 2020 Small Group rate increases. Below is a summary of approved rate increases by carrier.

Carrier Requested Increase Approved DFS Increase
Aetna 9.3% 1.1%
Emblem 5.9% 4.9%
Empire 8.5% 8.5%
Healthfirst -4.7% -4.7%
Oscar 17.5% 17.5%
Oxford 15.9% 9.6%


We will share additional details as they are released by the carriers.

Click here for the official release from the DFS.