Bill > A04267

This bill establishes the New York State Public Health Care Option Program to provide a comprehensive and affordable health care insurance option for all residents of the state. The program will be administered by the State Commissioner of Health and funded through the New York State Public Health Care Option Program Fund, which will consist of premiums, co-insurance, federal payments, and other revenue dedicated to supporting the program. The bill outlines the powers and duties of the Commissioner, including setting premiums and other member costs, establishing provider qualifications and payment rates, and seeking necessary federal approvals. It also creates a Board of Trustees to provide recommendations and assist in program implementation.