HealthFirst NY Small Group Health Insurance – What’s new for 2020?
With an almost 5% reduction in their rates, 2020 promises to be an exciting year for Healthfirst. With over 1.4 million members in the New York Marketplace, Healthfirst is a seasoned player in NY small business plans.
There is some BIG network news coming from HealthFirst in 2020.
This year Healthfirst has added NYU Winthrop to their list of participating facilities. They are also currently in contract negotiation with Memorial Sloan Kettering cancer hospital, and as soon as the deal has been finalized, we will advise.
Healthfirst’s network size compares to Oxford Metro, Emblem Select and both Oscar networks.
Key facilities included in the Healthfirst NY network for 2020 are as follows: NYU Langone, Northwell, Maimonides, Montefiore and the NYC Health and Hospital org. The facilities NOT included that should be mentioned are as follows: NY Presbyterian, Hospital for Special Surgery, Westchester Medical Center and Stony Brook.
Gym reimbursements and Telemedicine are included
Included with all HealthFirst NY small business health plans in 2020, a gym reimbursement plan called Exercise Rewards can earn an employee $200 every six months, while a spouse or domestic partner can earn up $100 every six months.
Telemedicine benefits are also offered on ALL HealthFirst NY plans at a $0 Copay.
Click Here for Health First Provider Search -Under the “Select your plan” dropdown choose HealthFirst Platinum, Gold, Silver, Bronze Pro EPO Plans.
We think HealthFirst will gather larger market share as other carriers push thru larger rate increases in 2020, whereas HealthFirst NY rates will be going down. The new rates coupled with an expanding network will allow HealthFirst to pick up some new business from a market based mostly in the NY City and surrounding counties.