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NY A00867
Bill
Status
1/11/2023
Primary Sponsor
Linda Rosenthal
Click for details
AI Summary
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Directs the Department of Financial Services to study the feasibility and impact of increasing subsidies for individuals purchasing health coverage through the Marketplace.
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Requires the study to collect data on uninsured New Yorkers, including numbers of uninsured individuals and reasons for lack of coverage (public assistance eligibility, immigration status, financial constraints).
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Mandates analysis of programs, subsidies, and tax credits to expand coverage, including an individual state-level insurance mandate, state supplemental premium tax credits, and state premium tax credits for those ineligible for federal credits.
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Requires the Department of Financial Services to submit findings and legislative recommendations to the legislature and governor within 18 months of the act's effective date.
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Takes effect immediately upon enactment.
Legislative Description
Directs the department of financial services to study health insurance coverage through the Marketplace, including collecting data on how many people are insured, and studying the feasibility of creating programs, subsidies, and/or tax credits to help expand health care coverage.
Last Action
referred to insurance
1/3/2024