Back in 20-10, the state legislature passed a bill changing a long used practice by the health care industry in New York state that is known as prior approval. In the old system, health insurers could raise rates without having to provide documents supporting the increases. The industry argued that those documents were confidential, and complex, and they didn’t want them to be available to the public because it would put them at a competitive disadvantage.

Most of the state’s largest health care providers were fighting the implementation of this bill, up until last week when several of the largest companies agreed to new transparency rules. Brian O’Grady from BlueShield of Northeastern New York sits down with Liz to discuss why they decided to go along with the changes.

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