Governor Andrew Cuomo today announced the
impact of potential repeal of the Patient Protection and Affordable
Care Act on health care coverage of New Yorkers and the state budget. If
the repeal of the Affordable Care Act were enacted, an estimated 2.7
million New Yorkers would lose coverage and New York State would
experience a direct state budget impact of $3.7 billion and a loss of
nearly $600 million of federal funding that goes directly to counties,
which they use to help lower property taxes.
"The cost of a repeal of the Affordable Care
Act, to state and local budgets and to the New Yorkers who depend on
its health care coverage, is simply too high to justify," Governor Cuomo said.
"Since its implementation, the Affordable Care Act has become a
powerful tool to lower the cost of health insurance for local
governments and New Yorkers, and it is essential that the federal
government does not jeopardize the health and livelihoods of millions of
working families."
The NY State of Health exchange has
successfully cut the percentage of uninsured New Yorkers in half, from
10 percent to 5 percent. It has also significantly expanded eligibility
and access to health coverage, allowing hundreds of thousands of
previously uninsured New Yorkers to achieve economic and healthcare
security. Based on current enrollment levels, the repeal of the
Affordable Care Act would result in over 2.7 million New Yorkers losing
health coverage. The estimated number of individuals at risk of losing
coverage, based on current enrollment levels, is broken down by counties.
Click here for the complete listing.
Source: Press Office, Governor Andrew M. Cuomo
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