How repealing the Affordable Care Act could affect New York - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 5, 2017 Newswires
Share
Share
Post
Email

How repealing the Affordable Care Act could affect New York

Buffalo News (NY)

Jan. 04----Health insurance could be at risk for more than 2.8 million New Yorkers, including 150,493 in Western New York, who have enrolled for coverage under President Barack Obama's health care law, many of them with ongoing medical needs.

--If Medicaid becomes a block grant program, states like New York with a large number of Medicaid patients could face huge budget problems, unless they cut costs by taking away coverage from people. Gov. Andrew M. Cuomo estimates a $3.7 billion state budget impact.

--Hospitals, which have experienced job growth under the law, may face dire financial consequences as uninsured patients show up in their emergency rooms. Repeal of the law would cost Western New York hospitals tens of millions of dollars a year, rs, according to the Healthcare Association of New York State, a lobbying group.

--Uncertainty would likely arise over the impact on insurance premiums for individuals who pay directly for coverage, as well as for employer-sponsored health plans.

--Questions already have surfaced over the future of the law's significant quality and payment reforms that hospitals and doctors are incorporating into their operations, although experts say they expect these changes to stay.

___

(c)2017 The Buffalo News (Buffalo, N.Y.)

Visit The Buffalo News (Buffalo, N.Y.) at www.buffalonews.com

Distributed by Tribune Content Agency, LLC.

Older

Democrats, Republicans Spar Over Looming Obamacare Battle

Newer

New Eastbridge Report Examines Term Life Products Offered in Today’s Voluntary Market!

Advisor News

  • How advisors can prepare clients for an uncertain retirement landscape
  • Investors aren’t waiting out uncertainty
  • Transamerica and Advo(k)ate Advisors launch pooled employer plan
  • ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
  • Why women must be more engaged in investing
More Advisor News

Annuity News

  • NAIC regulators begin consensus phase on annuity illustration overhaul
  • AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
  • Market-value adjusted annuities: Key considerations for advisors
  • Private equity’s next play in insurance
  • Immediate Care Plan: A new solution for funding LTC
More Annuity News

Health/Employee Benefits News

  • New Findings in Managed Care Described from Creighton University School of Medicine (Barriers beyond Medicaid: A Midwest study on pancreatic surgery access in the post-Affordable Care Act era): Managed Care
  • Abbott’s 'Keep Texas Affordable' plan: Lower housing costs, new health insurance plan
  • 1 in 4 American workers report staying in unwanted jobs for health insurance: West Health Institute
  • Medicare Moments | Medicare's Enrollment Process in Simple Terms
  • Waitlist, policy changes stir worries among families of Arkansans with disabilities
More Health/Employee Benefits News

Life Insurance News

  • Judge again tosses Penn Mutual whole life lawsuit alleging tax scam
  • Declined by a machine? The end of the unexplainable no
  • AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
  • Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo
  • AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Ibexis Announces Expanded Bank Relationships and New Index Options for FIA Plus® and WealthDefender® Series
  • Agent Review Launches Video AI Identity Verification to Help Protect Insurance Professionals, Consumers and Public Trust
  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet