Governor Kathy Hochul announced that New York has received federal approval to expand its Essential Plan, providing high-quality, affordable health insurance to over 100,000 additional New Yorkers. The expansion, approved by the U.S. Department of Health and Human Services and the Treasury, raises income eligibility to 250 percent of the Federal Poverty Line. This significant development will save enrollees an average of $4,700 annually on health coverage costs.
The Essential Plan, a cornerstone of New York’s health insurance offerings, will now encompass more citizens, including those enrolled in Qualified Health Plans and the DACA population. The initiative is part of a broader effort to enhance health equity across the state, addressing critical social determinants of health through supportive measures such as food pharmacies and air conditioners for individuals with asthma.
This expansion, effective April 1, 2024, demonstrates New York’s commitment to reducing health disparities and ensuring comprehensive health benefits for its residents. With this move, New York sets a precedent for other states in offering accessible, high-quality healthcare, reinforcing the state’s role as a leader in healthcare innovation and equity.
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