Hundreds of thousands of New Yorkers could soon lose no-cost health coverage, according to Spectrum News 1, as federal funding cuts force major changes to the state’s Essential Plan. Officials expect about 450,000 people to no longer qualify.
The income threshold is dropping, meaning people who earn more will need to switch plans. Many will still qualify for subsidies, but they’ll likely face monthly premiums and deductibles for the first time.
Changes take effect July 1, and notices will arrive soon. Experts urge residents to update income info on the state marketplace to avoid gaps in coverage and find the best available plan.
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