If you tuned in to Governor Cuomo’s State of the State address today, you heard him say that he will eliminate premiums for 400,000 New Yorkers! HCFANY applauds this proposal which will eliminate the $20 monthly premium for some Essential Plan enrollees with incomes up to $25,500 per year. Currently, people with household incomes at 150-200% FPL ($25,520 for a single person or $52,400 for a household of four) pay a $20 monthly premium for Essential Plan coverage.
While a $20 premium may seem relatively affordable, it results in nearly 100,000 New Yorkers per year losing coverage for failing to pay. This proposal, which is mostly federally funded, can be implemented without a huge price tag for New York’s tax payers.
The legislature should move quickly to adopt Governor Cuomo’s proposal to ensure nearly all low-income New Yorkers can access premium-free coverage. Now let’s just try to do the same for immigrant New Yorkers who remain ineligible.