International Hospitals & Healthcare

New NYPlanCosts Calculator for health insurance

Piggy bank

IMPAQ Health, which develops consumer transparency tools and delivers policy and operational solutions to Federal, state and foundation clients, has announced that the NYPlanCosts Calculator is now available for 2019 open enrollment and has been updated to include 2019 health plan data in order to help New Yorkers with chronic conditions choose the plan that works best for their health and budget.

The calculator provides out-of-pocket cost estimates for all on-and off-exchange 2019 plan offerings and simplifies finding the right plan by allowing users to narrow their results to plans available in their county, and to filter by preferences. “With hundreds of different products to choose from, selecting a health insurance plan can be overwhelming for consumers, especially as many costs only show up after treatment and OOPCs can end up being much greater than just the monthly premium,” said Dr David Sandman, President and CEO of New York State Health Foundation (NYSHealth). “Now in its second year, the NYPlanCosts Calculator is a consumer-friendly transparency tool that lets people compare OOPCs by different health plans and by different conditions – helping New Yorkers make the right choices for themselves and their families.”

IMPAQ Health's Principal Lead Kevin Van Dyke said: “With these enhancements, IMPAQ Health shows its continued commitment to advancing healthcare cost transparency and promoting health equity through consumer tools that improve the lives of vulnerable populations.”