New York City Mayor Bill de Blasio speaks during a news conference at Lincoln Hospital in the Bronx borough of New York City, New York, U.S., January 8, 2019. REUTERS/Shannon Stapleton NEW YORK (Reuters) - New York City has launched a $100 million health insurance program to cover 600,000 uninsured residents, including those unable to afford coverage and those living in the United States illegally, Mayor Bill de Blasio said on Tuesday. De Blasio, now in his second term as mayor of the country’s most populous city, has long supported universal healthcare coverage. Extending the program to an estimated 300,000 illegal immigrants puts the Democrat at odds with U.S. President Donald Trump, who has made border security a top priority for his presidency. “No one should have to live in fear. No one should go without the health care they need. Health care is a human right. In this city, we’re gonna make that a reality,” de Blasio said during a news conference. … [Read more...] about New York City launches $100 million universal health insurance program
New york state health insurance program
Sections SEARCH Skip to content Skip to site index Health Subscribe Log In Subscribe Log In Advertisement Supported by New York’s Medicaid program says Orkambi, a new drug to treat cystic fibrosis, is not worth the price. The case is being closely watched around the country. ByKatie Thomas June 24, 2018 A wave of breakthrough drugs is transforming the medical world, offering hope for people with deadly diseases despite their dizzying price tags. But what if it turns out that some of these expensive new drugs don’t work that well? That’s the quandary over Orkambi, a drug that was approved in 2015 for cystic fibrosis and was only the second ever to address the underlying cause of the genetic disease. Orkambi, which is sold by Vertex Pharmaceuticals, costs $272,000 a year, but has been shown to only modestly help patients. Now, in a case that is being closely watched around the country, New York state health officials … [Read more...] about A Drug Costs $272,000 a Year. Not So Fast, Says New York State.
New York health insurers are requesting an average 24 percent hike to sell individual policies in 2019 under ObamaCare and they’re blaming President Trump’s repeal of the mandate requiring everyone have health care coverage as contributing to the increase. Insurers are requesting a more modest 7.5 percent increase for the small group market. “The individual mandate, a key component of the Affordable Care Act, helped mitigate against dramatic price increases by ensuring healthier insurance pools. Insurers have attributed approximately half of their requested rate increases to the risks they see resulting from its repeal,” said state Financial Services Superintendent Maria Vullo. “Without the federal action, the average requested rate increase would be 12.1 percent.” Among the insurers seeking the biggest increases is Fidelis, which wants to sock its customers with an eye-popping 38.6 percent. Fidelis insures about 4 in 10 New Yorkers in the individual … [Read more...] about State health insurers ask for huge rate hike, blame Trump
Each year, my agency, the New York State Department of Financial Services, uses its authority to review and approve health insurers' rate requests for the individual and small-employer group markets to ensure premiums are justified. DFS has regularly reduced requested increases, saving consumers and businesses approximately $2 billion over the past four years. Far more than in other states, New York’s health insurance markets remain competitive and robust, with 15 insurers offering coverage in our individual market and 19 in our small-group market. Indeed, New York's embrace of the Affordable Care Act has helped cut the state's uninsured rate in half, to 5%—among the lowest in the nation—since 2010. Moreover, commercial health insurance premiums for individuals cost less than half of what they would have without our full implementation of the ACA. Unfortunately, despite all this progress, the Trump administration has relentlessly attacked the ACA and the basic premise … [Read more...] about Protecting New York’s health insurance marketplace from Trump
ALBANY — When the Assembly gavel sounded just after 4 a.m. on March 31, the State Legislature sealed a $168.3 billion New York state budget, completing the job with about 20 hours to spare before the deadline. With a record level of spending, the financial plan included spending increases on big-ticket items such as schools, Medicaid and transportation. There also were obscure ones such as a wine and culinary center, a maple producers’ initiative and the South Fork Commuter Connection Bus Service in Suffolk County. But, as with most election years, lawmakers by and large gave up on forcing decisions on controversial issues, choosing to fight next year rather than risk blowback at the polls in the fall. When they did tackle contentious proposals, they often approved a scaled-down version. Here is a look at highlights, lowlights, odds, ends and last-minute surprises of what’s in and what’s out of New York’s 2018-19 budget: Cuomo’s keynote approved. … [Read more...] about New York State budget: What made it in and what was left out