Bill Text: NY A08162 | 2019-2020 | General Assembly | Introduced

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Bill Title: 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to insurance [A08162 Detail]

Download: New_York-2019-A08162-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8162

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      June 4, 2019
                                       ___________

        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:

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

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11930-01-9