Changes to NY's Essential Plan still pending
At the center of the issue is the state's Essential Plan, a no-cost insurance option created through the Affordable Care Act in 2016 for New Yorkers who do not receive health coverage through employment and have income levels too high to qualify for Medicaid.
More than 1.7 million people are enrolled in the program, which for years was available to New Yorkers - including lawfully present immigrants - between the ages of 19 and 64 who earned up to 200% of the federal poverty level. The program was expanded to cover those earning up to 250% of the federal poverty level in 2024 after the state gained federal approval and additional funding.
The expanded eligibility made the Essential Plan available to hundreds of thousands more New Yorkers and was praised by state and federal officials at the time, who touted the program as an example of how the state was driving down the uninsured rate and addressing affordability.
Those enrolled in the plan save an average of
But funding cuts approved in the One Big Beautiful Bill Act approved by
At issue is a provision in the law that prohibits federal dollars being spent to cover insurance for most lawfully present immigrants.
That changed with the Affordable Care Act, which allowed federal funds to be used to cover insurance for lawfully present immigrants.
Unlike traditional Medicaid where costs are split evenly between the state and federal government, the Essential Plan is fully funded through federal dollars.
More than 700,000 immigrants are enrolled in the Essential Plan, according to an analysis by the Empire Center.
Federal funds do not cover health care costs for undocumented immigrants.
In a bid to preserve health insurance for as many as possible, Gov.
The move could also allow the state to tap into a nearly
The surplus was created by a clause in the ACA that allows states that create "Medicaid-like programs" to collect 95% of ACA tax credits those individuals would have received if they enrolled in other plans, according to the Empire Center.
Thousands throughout the
A combined 4,812 are enrolled in the program in


Big changes in 2026 traffic laws: What drivers should know nationwide
Napa County working on wish list for Sacramento, Washington
Advisor News
- Help child-free clients plan for their later years
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
- Three estate planning ideas to protect your clients and their wealth
More Advisor NewsAnnuity News
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
More Annuity NewsHealth/Employee Benefits News
Life Insurance News