Dozens of the health-care bills percolating through the Legislature in the closing days of session have one thing in common: They would add to the already high price of health insurance in New York State.
The balance of unspent money in the Essential Plan Trust Fund ballooned to a new high of $1.2 billion as of March 31, records from the comptroller's office show. The surplus more than tripled since the same time last year – even as the Trump administration disrupted federal aid for the program, which provides health coverage to low-income New Yorkers, and the Cuomo administration diverted $635 million in Essential Plan funds to subsidize struggling hospitals.
Sen. Kirsten Gillibrand has apparently doubled the price tag of her Medicare buy-in proposal, from 4 percent of income to 8 percent – but the math still does not add up.
Requiring New York health plans to cover in vitro fertilization would add up to 1.1 percent to premiums, according to a state study belatedly released today.
New revisions to a proposed single-payer health plan for New York State would add tens of billions dollars to the already enormous price tag – and further hinder the state's ability to control costs going forward.
Obamacare enrollment is rising in New York – an exception to the national trend – but not by as much as state officials are implying.
Even as Governor Cuomo pushes for required insurance coverage of in vitro fertilization, he is withholding a study of how much the coverage would cost for premium payers.
Health care was the dog that did not bark at Governor Cuomo's combined State of State and budget address on Tuesday. Instead of announcing a major plan to expand coverage, he called for appointing a commission to study "options for achieving universal access" and report back by December – a clear sign that he has no stomach for tackling the issue in this session.