ALBANY, N.Y. (AP) — New York has taken several steps to establish a statewide health insurance exchange in 2014 intended to extend coverage to the uninsured and reduce costs for individuals, small businesses and local governments.
The New York Health Benefit Exchange, a federally required and subsidized marketplace for buyers, was established by Democratic Gov. Andrew Cuomo by executive order last April after a legislative proposal ran into opposition in the Republican-controlled state Senate.
New York has an estimated 2.7 million uninsured among roughly 19 million residents. Danielle Holahan, director of policy and planning for the Health Department's exchange, said their analysis indicates they will enroll about 1.1 million people.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
