Enacts the health care tax reform act; eliminates certain taxes and assessments on health insurance.
The bill enacts the health care tax reform act, which eliminates certain taxes and assessments on health insurance. It amends the financial services law, the tax law, and the public health law to remove taxes on health insurance premiums and services. The bill aims to make health insurance more affordable by reducing the cost of health insurance coverage. It includes provisions for phasing out specific taxes and assessments over time.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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