IMPAQ Health has rolled out the NYPlanCosts Calculator, to help the residents of New York city to make more informed decision while selecting health insurance plan.
The calculator is an easy-to-use web portal which offers out-of-pocket cost estimates for health plan for people with any of the 10 chronic conditions and life events including bipolar disorder, breast cancer, diabetes, pregnancy & childbirth, heart disease, hepatitis C, HIV, multiple sclerosis, rheumatoid arthritis and schizophrenia.
IMPAQ Health has partnered with New York Navigator groups to ensure that the calculator is user-friendly. Support for the NYPlanCosts Calculator was offered by the New York State Health Foundation (NYSHealth).
NYSHealth president and CEO David Sandman said: “With hundreds of different products to choose from, selecting a health insurance plan can be daunting for consumers, especially as many costs only show up after treatment and out-of-pocket costs can end up being much greater than just the monthly premium.
“The NYPlanCosts Calculator is a game-changing transparency tool to find and compare out-of-pocket costs by different health plans and by different conditions—helping New Yorkers to make the right choice for themselves and their families.”
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By GlobalData