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Insurance & Financial Services

DFS: Insurance firms must waive cost-sharing for in-network telehealth visits

New York insurance companies are now required to waive cost-sharing — including deductibles, copayments (copays), or coinsurance — for in-network telehealth visits.  The New York State Department of Financial Services (DFS) on March 20 announced it adopted the new emergency regulation under New York Insurance Law.  The new adopted emergency regulation follows Gov. Andrew Cuomo’s

What does insurance cover in the coronavirus crisis?

The coronavirus situation is on everyone’s mind. We are receiving calls asking, “How will my policy respond?” We know many more of you have similar questions. Here is a brief primer on how insurance will likely respond and what your organization can do to prepare.  The two policies under primary consideration regarding a coronavirus outbreak are

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Report: Private-sector workplace injuries in N.Y. lower than national average

Private-industry employers in New York state reported more than 140,000 nonfatal workplace injuries and illnesses in 2018, for an incidence rate of 2.2 cases per 100 full-time equivalent (FTE) workers, according to the latest available figures released by the U.S. Bureau of Labor Statistics (BLS). The BLS report, issued in January, noted that “New York

Cuomo mandates that non-essential businesses keep 100 percent of their workforce home

(Updated on 3/20 at 5:00 p.m.) ALBANY, N.Y. — After the number of coronavirus (COVID-19) cases in New York state again soared overnight, Gov. Andrew

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