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New York Warns of Potential Health Insurance cost Surge in Southern Tier if ‘Megabill’ Passes
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Governor’s office projects important increase in monthly health insurance costs for couples in the Southern Tier if the proposed federal legislation is enacted.
New York State officials have issued a warning that the Southern Tier region could face the steepest rise in average monthly health insurance expenses statewide if “President Trumps so called ‘Megabill'” gains approval in the Senate. The warning, released Monday, June 9th, comes directly from Governor Kathy Hochul‘s Office.
The Governor’s Office projects that couples in the Southern Tier could see their average monthly health insurance costs jump by $228 if the bill becomes law.
For couples,their average monthly health insurance costs could rise by $228.
Potential Impact on Southern Tier Residents
The projected increase raises concerns about the affordability of healthcare for families and individuals in the Southern Tier. State officials are urging residents to stay informed about the potential consequences of the ‘Megabill’ and to engage with their elected representatives.
Sources
- Governor Kathy Hochul’s office: https://www.ny.gov/
- Kaiser family Foundation: https://www.kff.org/
- Centers for medicare & Medicaid Services (CMS): https://www.cms.gov/
- Bureau of Labor Statistics (BLS): https://www.bls.gov/
