New York Governor Kathy Hochul has outlined key healthcare initiatives in her upcoming budget, emphasizing affordability and accessibility. Highlighting her plans, Hochul seeks to introduce legislation banning co-pays for insulin on certain insurance plans, a move expected to benefit 1.6 million New Yorkers.
This proposal aims to address the high costs of insulin, which, as noted by Dr. Pasquale Passarella of Albany Medical Center, can range from $30 to $130 per vial, with a single vial lasting from a few days to several weeks.
In addition to insulin affordability, Governor Hochul is also looking to amend the state’s disability law. This amendment would increase the maximum paid benefit over five years, aligning it with the statewide average weekly wage similar to family leave provisions.
During the first 12 weeks of medical leave, employees would receive 67% of their average weekly wage, benefiting those with disabilities and pregnant individuals. Furthermore, Hochul plans to introduce legislation to protect low-income New Yorkers from lawsuits over medical debt.
This includes limitations on the size of monthly payments and interest rates that healthcare providers can charge. Governor Hochul is set to further elaborate on these proposals in her State of the State address next Tuesday.
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