Assembly Bill A867

2023-2024 Legislative Session

Directs the department of financial services to study health insurance coverage through the Marketplace

download bill text pdf

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Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A867 (ACTIVE) - Details

See Senate Version of this Bill:
S6968
Current Committee:
Assembly Insurance
Law Section:
Financial Services
Versions Introduced in Other Legislative Sessions:
2019-2020: A8162, S6207
2021-2022: A3590, S4225, S8076

2023-A867 (ACTIVE) - Summary

Directs the department of financial services to study health insurance coverage through the Marketplace, including collecting data on how many people are insured, and studying the feasibility of creating programs, subsidies, and/or tax credits to help expand health care coverage.

2023-A867 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    867
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2023
                                ___________
 
 Introduced  by  M.  of  A. L. ROSENTHAL -- read once and referred to the
   Committee on Insurance
 
 AN ACT to direct the department of financial services  to  study  health
   insurance coverage through the Marketplace
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. 1. The department of financial services is  hereby  author-
 ized  and directed to study the feasibility and impact of increasing the
 subsidy provided  to  individuals  who  purchase  health  care  coverage
 through  the Marketplace. For purposes of this section the term "Market-
 place" shall have the same meaning as defined in section  268-a  of  the
 public health law.
   2. Such study shall include, but shall not be limited to:
   (a)  collecting data on how many people are currently uninsured in New
 York state and the reasons for their being uninsured including, but  not
 limited  to, those eligible for public assistance programs, those ineli-
 gible to purchase insurance because of  their  immigration  status,  and
 those who choose to go uninsured because of financial reasons; and
   (b)  the feasibility of creating programs, subsidies, and/or tax cred-
 its to help expand health insurance coverage in New York state to  unin-
 sured  individuals  including,  but not limited to, the costs and effec-
 tiveness  of  instituting  such  new  programs,  subsidies,  and/or  tax
 credits.  Such  new  programs shall include but shall not be limited to:
 (i) an individual state-level insurance mandate; (ii)  a  state  supple-
 mental  premium tax credit to supplement the current federal tax credit;
 and (iii) a state premium tax credit for those not  eligible  to  access
 the federal tax credit because of their immigration status or income.
   3. No later than eighteen months after the effective date of this act,
 the department of financial services shall report to the legislature and
 the  governor on the findings of the study conducted pursuant to section
 one of this act and any legislative recommendations deemed to be  neces-
 sary.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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