The accompanying press release can be found here.
Health plans are uniquely positioned to address health inequities as they are major employers, touch all aspects of health care delivery, and control a huge amount of spending. In 2020, major New York-licensed health insurers reported over $15.8 billion in total assets invested and over $45 billion in revenue (not counting specially licensed insurers focused on public programs or those licensed in other states that sell coverage in New York).
Leveling Up: A Role for Health Plans in Improving Health Equity in New York provides numerous examples of interventions insurers are already making in New York and other states, and additional opportunities for plans, policymakers, and regulators to improve health equity in New York and address disparities. Among the areas in which companies can incorporate equity principles are procurement, benefit design, provider networks, utilization review, internal diversity programs, public reporting, data collection, and investments to meet capital and social needs of communities and enrollees.
The report, available for download on this page, is supported by a grant from The New York Community Trust.
