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McDermott Will & Emery

New York State Budget Institutes Revenue-Neutral Health Plan Tax

McDermott Will & Emery on

The New York State fiscal year 2024 – 2025 budget was signed on April 20, 2024, instituting, among many other provisions, a new tax on health plans, including insurers and managed care organizations. This tax has been...more

Proskauer - Health Care Law Brief

Long Awaited Approval of the 1115 Waiver Amendment for NYS Medicaid – Just in Time for the New York State Executive Budget State...

Proskauer - Health Care Law Brief on

On Tuesday, January 16, 2024, Governor Kathy Hochul released the SFY 2025 New York State Executive Budget (“Executive Budget”). While still subject to legislative approval, the Executive Budget incorporates the recently...more

Woodruff Sawyer

Managed Care Organization (MCO) Insurance Trends: Expect Another Year of Double-Digit Rate Increases

Woodruff Sawyer on

The market for “signature risks” in the managed care organization (MCO) sector—errors and omissions (E&O), directors and officers (D&O), and cyber—remains hard, with double-digit rate increases being the norm for the fifth...more

McGuireWoods LLP

Will Increased Consolidation in the Insurance Industry Yield Opportunities or Challenges for Investors?

McGuireWoods LLP on

A recent flurry of activity in the health insurance industry would seem to indicate that investors can expect significant consolidation in the managed care sector....more

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