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This document serves as a report for the New York Public Goods Pool, detailing covered lives, including individuals and family units across various regions, and associated assessment rates and liabilities.
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How to fill out NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT
01
Obtain the NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT form from the appropriate state agency or website.
02
Fill in the required identification information, including the name of the organization and contact details.
03
Specify the reporting period for which the data applies, ensuring all dates are accurate.
04
List all covered lives, including details such as name, date of birth, and coverage start date.
05
Verify that all data is complete and accurate before submission.
06
Sign and date the report where indicated, ensuring that the person signing has authority to do so.
07
Submit the completed report to the designated authority, whether electronically or via mail, according to agency guidelines.
Who needs NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT?
01
Insurance companies operating in New York that are required to report covered lives for public goods pooling.
02
Healthcare providers that participate in public goods programs.
03
Regulatory agencies monitoring coverage and public health statistics.
04
Any organization seeking to comply with state regulations regarding public goods pool contributions.
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People Also Ask about
What is NY HCRA?
The New York Health Care Reform Act (NYHCRA) has been in effect since Jan. 1, 1997. It imposes certain surcharges and assessments on a variety of healthcare physician/other healthcare professional services received in New York State by a covered member.
What is the New York Public Goods pool?
What is the Pool? The New York Public Goods Pool is a fund created by the state of New York to finance health care initiatives and care for the indigent within that state. The Pool was started in 1997 and is funded by a surcharge tax on all health services rendered in the state of New York.
Who pays NYS surcharge on medical bills?
Announced tentative regional rates for inpatient services include 25.09 percent for New York City, 11.96 percent for Long Island and 9.05 percent for Westchester County. Thus, the amount of the surcharge will generally vary depending on how the taxes are paid and where services are provided.
What is the HCRA surcharge?
The City Sales Tax rate is 4.5%, NY State Sales and use tax is 4% and the Metropolitan Commuter Transportation District surcharge of 0.375% for a total sales and use tax of 8.875 percent.
Who pays the NY HCRA surcharge?
In these situations, responsibility for payment of the HCRA surcharge rests with the private insurance carrier, at rates based on their election status, plus if applicable, a regional GME percentage, when billed.
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What is NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT?
The New York Public Goods Pool Covered Lives Supplemental Report is a document that provides detailed information on the number of covered lives under various health insurance policies in New York. It is utilized to assess the overall risk pool and ensure adequate funding for public health initiatives.
Who is required to file NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT?
Health insurers, health maintenance organizations, and other entities that provide coverage for health services in New York are required to file the New York Public Goods Pool Covered Lives Supplemental Report.
How to fill out NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT?
To fill out the report, insurers must gather data on the number of covered lives from their policies, fill in standardized forms provided by the New York Department of Financial Services, and ensure accuracy before submission by the deadline.
What is the purpose of NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT?
The purpose of the New York Public Goods Pool Covered Lives Supplemental Report is to collect and compile data necessary for the maintenance of the Public Goods Pool, which funds health-related programs and initiatives aimed at improving public health outcomes in New York.
What information must be reported on NEW YORK PUBLIC GOODS POOL COVERED LIVES SUPPLEMENTAL REPORT?
The report must include information such as the total number of covered lives, types of insurance coverage provided, demographic data of the insured populations, and any other relevant metrics specified by the regulatory authorities.
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