Watch the mail: Nearly 500K NY Essential Plan insured face coverage loss
Briefly

Watch the mail: Nearly 500K NY Essential Plan insured face coverage loss
"Hochul stated, 'Even when Washington falls short, I'm going to keep doing everything I can to protect families, strengthen our health care system and make sure every New Yorker gets the care they need.'"
"The Essential Plan provides premium-free insurance coverage to those who earn too much to qualify for Medicaid but might still struggle to afford insurance through the state's Affordable Care Act marketplace."
"The program is now facing $7.5 billion in federal cuts, which state officials say amounts to half its funding, stemming from the Trump administration's decision to no longer fund coverage for certain legally present immigrants."
In July, nearly half a million New Yorkers are expected to lose coverage from the Essential Plan due to federal funding cuts. However, state intervention has ensured that approximately 1.3 million of the 1.7 million enrollees will retain their insurance. Governor Kathy Hochul's plan, approved by the Trump administration, aims to minimize coverage loss. The Essential Plan serves those who earn too much for Medicaid but struggle with costs in the Affordable Care Act marketplace. The program faces $7.5 billion in cuts, affecting many legally present immigrants.
Read at Gothamist
Unable to calculate read time
[
|
]