Governor Cuomo and Legislative Leaders Announce 2020 Enacted Budget Includes Historic $15 Million Investment for Local Community-Based Services for Older New Yorkers
* * *
- Budget Includes Nation's First Program to Develop Private Pay Model of Care to Increase Access to Aging Services for Middle Income Families
- Historic Investment Increases Access to Critical Services for Older Adults and Caregivers
* * *
Governor
"Every
Senate Majority Leader
Assembly Speaker
"The way we take care of our most vulnerable populations is a reflection of our priorities as a state," said Lieutenant Governor
The FY 2020 Enacted Budget builds on
* An historic
* Authorizing NYSOFA to develop a private pay market to increase the ability of the aging services network to serve more individuals of all income levels and to ensure consumers can access a professional, objective network of providers whose only goal is to help older adults remain independent
* Increasing the state's commitment to the NY Connects system reform, providing additional resources to county offices for the aging and independent living center partners to help individuals of all ages access long-term services and supports
* Providing funding to expand statewide efforts to provide evidence-based interventions to address the devastating impact of chronic conditions, such as chronic disease self-management, diabetes self-management, and fall prevention programs, among others
* Providing resources to further invest in the training, education, and state certification of aging network staff to assure that
NYSOFA promotes and administers programs and services for New Yorkers 60 years of age and older. It provides leadership and direction to an integrated, coordinated network of 59 county-based area agencies on aging and more than 1,200 public and private organizations that serve and help empower older adults and their families. NYSOFA and its partners served almost 700,000 older adults last year.
Under
Senator
Assemblymember



Sanders, 14 Senators Introduce Medicare for All
FAIR Health Elects Lynn B. Nicholas and Rob Parke to Board of Directors
Advisor News
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
- What advisors think about pooled employer plans, alternative investments
- AI, stablecoins and private market expansion may reshape financial services by 2030
More Advisor NewsAnnuity News
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
- Prismic Life Announces Completion of Oversubscribed Capital Raise
- Guaranteed income streams help preserve assets later in retirement
More Annuity NewsHealth/Employee Benefits News
- PacificSource to end Montana insurance operations
- Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
- Ashley Mann:
- WAYS AND MEANS COMMITTEE CONTINUES TO EXPAND HEALTH CARE ACCESS FOR SENIORS IN RURAL AND UNDERSERVED AREAS
- Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
More Health/Employee Benefits NewsLife Insurance News
- Investigators say C.R. man's life insurance claims for 3 children were fraudulent
- Shocking death of Kyle Busch renews debate over IUL plan
- WoodmenLife launches final expense life insurance offering
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- Symetra Wins 2026 Shorty Award for ‘Plan Well, Play Well’ Social Media Campaign with Sue Bird
More Life Insurance News