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Insurance & Financial Services

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Excellus provides support for On Point for College mental-health program

UTICA — Excellus BlueCross BlueShield announced it provided On Point for College – Utica with a $5,000 sponsorship to support a new mental-health program for first-generation college students.  The program provides two mental-health workshops for college students and training for front-line advising staff.  Rochester–based Excellus BlueCross BlueShield is Central New York’s largest health insurer. Students

DFS to review covered benefits under new law

A new state law focuses on covered benefits related to childbirth offered by all health-insurance providers in New York State. The measure directs the New York State Department of Financial Services (DFS) — in consultation with the New York State Department of Health (DOH) — to prepare a report with recommendations on their review of those covered benefits.

Employer-sponsored health-insurance costs rose 6% in 2021

Total health-benefit costs rose 6.3 percent, on average, in 2021, reaching $14,542 per employee among all U.S. employer health-plan sponsors with 50 or more employees.  That’s according to the annual Mercer “National Survey of Employer-Sponsored Health Plans” for 2021, which the firm released Dec. 13. The rise follows last year’s increase of just 3.4 percent, according to

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