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HCFANY on New York’s FY27 Proposed Executive Budget

Posted February, 11 2026 by Zinnia Finn

HCFANY is thankful to have the opportunity to testify at the 2026 Joint Legislative Budget Hearing on Health. Find HCFANY’s detailed Executive FY27 Testimony here. The Executive Budget includes many proposals to help protect and enhance New Yorkers’ access to affordable health coverage.  HCFANY’s budget testimony covers three topics:   Protect and improve health coverage  Regulate prices to create a more affordable health care […]

Approved Individual Market Rates for 2026 are a Step in the Right Direction, But More is Needed 

Posted September, 3 2025 by Will Pan

The New York Department of Financial Services (the Department) reduced the requested rates by insurance carriers for the individual market by 48 percent for 2026. Carriers initially requested a 13 percent average rate surge, but through New York’s prior approval process, the Department trimmed this figure down to an average of seven percent. Without this […]

HCFANY on Governor Hochul’s 2026 State of the State Initiatives

Posted January, 13 2026 by Will Pan

Today, Governor Hochul delivered her 2026 ‘State of the State’ address. HCFANY commends the Governor for proposing initiatives that protect patients from rising health care costs, mitigate federal cuts to health care, and reduce barriers to care. The Governor also acknowledged some key victories last year, many of which HCFANY has advocated for. This includes […]

The Impact of Federal Threats to the Health Care System on New Yorkers Statewide and by Congressional District

Posted February, 6 2025 by Will Pan

Find up-to-date information on federal cuts here. The information below is not up to date. Several federal proposals circulating in Washington could threaten New York’s health care system and local communities. These cuts to essential health care would harm New Yorkers, hospitals, health care providers, insurance companies, and the State’s economy and budget. Around 8.6 […]

Read HCFANY’s 2025 Rate Review Comments 

Posted June, 27 2024 by Mia Wagner

New York’s individual market premiums might increase by up to 17 percent in 2025. New York’s twelve individual market carriers are requesting increases ranging from 9 percent by MVP to a shocking 51 percent by Emblem. These requested increases far surpass requests from carriers in other states. In our comments, HCFANY breaks down why DFS […]

Testimony on Governor Hochul’s 2024-25 Budget Proposal

Posted January, 24 2024 by Mia Wagner

HCFANY is grateful to have had the opportunity to testify at the 2024 Joint Legislative Budget Hearing on Health. Our detailed written comments are linked here. The Executive Budget includes many positive proposals that will help protect consumers from medical debt and enhance their ability to access affordable health coverage, including: In addition to addressing these […]