“The cost of a repeal of the ACA, to state and local budgets and to the New Yorkers who depend on its healthcare coverage, is simply too high to justify,” Gov. Cuomo said in a news release. “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 governor went on to tout the ACA, noting that the NY State of Health, the state’s health plan marketplace, has cut the percentage of uninsured New Yorkers in half, from 10 percent to 5 percent, and has expanded eligibility and access to health coverage for hundreds of thousands of previously uninsured New Yorkers.
However, he said, based on current enrollment levels, an ACA repeal would result in more than 2.7 million New Yorkers losing health coverage.
Additionally, counties Across New York would lose more than $595 million in direct spending if the ACA is repealed, and New York residents would lose $250 million in healthcare savings tax credits, according to the release.
Click here for a county by county breakdown of the impact of a potential ACA repeal on New York.
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