Supported By The New York State Health Foundation, IMPAQ Health Launches NYPlanCosts Calculator
IMPAQ Health is excited to announce the release of the NYPlanCosts Calculator, the first of its kind in the nation and a model for other states, available at http://NYPlanCosts.org.
Designed to help New Yorkers make more informed health plan selections, the NYPlanCosts Calculator is an easy-to-use website that provides out-of-pocket cost estimates by health plan for people with any of the 10 chronic conditions and life events that usually have high out-of-pocket costs: Bipolar Disorder, Breast Cancer, Diabetes, Pregnancy & Childbirth, Heart Disease, Hepatitis C, HIV, Multiple Sclerosis, Rheumatoid Arthritis and Schizophrenia.
For people with any of these 10 conditions and life events, out-of-pocket costs can be high and vary significantly by health plan. For example, a fifty-five-year-old New Yorker with coronary artery disease shopping for health insurance in Queens county may compare silver plans with out-of-pocket cost differences of up to $3,000 annually.
Tools that help consumers predict out-of-pocket costs can lead to more informed health plan choices that are better for New Yorkers' health and wallets. To meet this need, the NYPlanCosts Calculator provides tailored out-of-pocket cost estimates to facilitate transparent health plan comparison shopping.
IMPAQ Health engaged with New York Navigator groups to ensure that the calculator is user-friendly. "We look forward to using the calculator during open enrollment and beyond," said Elisabeth Benjamin, Vice President of Health Initiatives at the Community Service Society of New York.
With the launch of the NYPlanCosts Calculator, IMPAQ Health shows its continued commitment to improving health plan transparency to drive empowered decision making. Support for the NYPlanCosts Calculator was provided by the New York State Health Foundation (NYSHealth)...