Cuomo Takes Action to Protect the Affordable Care Act

New York governor tells DFS to reject efforts by health insurance companies to gain windfall profits off Trump repeal of the individual mandate.

In the face of the Trump administration's continuing attack on the Affordable Care Act, Governor Andrew Cuomo today directed the Department of Financial Services (DFS) to reject efforts by health insurance companies to gain windfall profits off of the Trump administration's decision to repeal the individual mandate under the Affordable Care Act.  

Under Governor Cuomo's leadership, New York was one of the first states in the nation to implement its own health insurance exchange following the passage of the Affordable Care Act. Since then, New York has cut the number of uninsured rate to 5 percent, and premiums in the individual market have dropped more than 50 percent. Today the state has a robust market, with New Yorkers in every county having a choice of coverage.  Governor Cuomo vows to not allow President Trump to undo that progress made in New York.

"In New York, we're not going to allow the Trump administration tear down our health care system," Governor Cuomo said. "We believe health care is a right, not a luxury, and we have made extraordinary progress expanding access to care. We will not go backwards. While the Trump administration tries to take us backwards, we're going to stand up, fight back and move forward."

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Source: The Office of Governor Andrew M. Cuomo