Post by Logan on Jan 29, 2016 22:51:31 GMT -6
ALBANY -- A new report questioned the long-term viability of New York's health exchange as the deadline to enroll is Sunday.
New Yorkers have through Sunday to enroll in the "NY State of Health," the state's health exchange established through the federal Affordable Care Act. More than 2.7 million people have enrolled in the exchange, including 1.9 million in Medicaid and 827,000 in private coverage, the state Health Department said.
“Today more than 2.7 million New Yorkers now have access to quality, affordable health care, a testament to our progress in helping those without insurance find coverage that works for them,” said Donna Frescatore, the program's executive director, in a statement.
Despite its success in enrolling uninsured New Yorkers, there are concerns about the solvency of the program, Standard and Poor's, the credit agency, said in a report Tuesday. The agency said that 12 insurers in the exchange sustained losses of about $160 million for 2014.
Read more: www.democratandchronicle.com/story/news/politics/blogs/vote-up/2016/01/29/ny-exchange-questions-remain-deadline-approaches/79518954/
New Yorkers have through Sunday to enroll in the "NY State of Health," the state's health exchange established through the federal Affordable Care Act. More than 2.7 million people have enrolled in the exchange, including 1.9 million in Medicaid and 827,000 in private coverage, the state Health Department said.
“Today more than 2.7 million New Yorkers now have access to quality, affordable health care, a testament to our progress in helping those without insurance find coverage that works for them,” said Donna Frescatore, the program's executive director, in a statement.
Despite its success in enrolling uninsured New Yorkers, there are concerns about the solvency of the program, Standard and Poor's, the credit agency, said in a report Tuesday. The agency said that 12 insurers in the exchange sustained losses of about $160 million for 2014.
Read more: www.democratandchronicle.com/story/news/politics/blogs/vote-up/2016/01/29/ny-exchange-questions-remain-deadline-approaches/79518954/