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NY Senators Begin Examining Health Republic Failure

WAMC Photo by Dave Lucas

New York senators have begun examining last year's financial failure of the insurance cooperative Health Republic, hearing from hospitals and doctors who say they've got $200 million or more in unpaid bills and want the state to step in.

Other insurers and care providers at the Capitol on Wednesday also question the state's methods for setting insurance rates lower than Health Republic requested and needed.

Health Republic enrolled 200,000 members through New York's health exchange.

Republican Sen. Kemp Hannon of Long Island says they'll first see if Governor Andrew Cuomo plans to make up payment shortfalls in the upcoming state budget.

Republican Sen. James Seward of Otsego County says he'll again push legislation to open the insurance rate-setting process to make it more publicly transparent.

© 2016 AP

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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