Establishes a basic health program buy-in for individuals and eligible small groups to purchase coverage.

New York S08614 amends the social services law to establish a basic health program buy-in, allowing individuals and eligible small groups to purchase coverage from a basic health plan. Eligibility criteria include residency in New York, age under 65, and income levels. The commissioner of health is authorized to establish premium payments and cost sharing, with no cost-sharing for certain services. The bill also amends the financial services law to protect consumers from health care costs by setting annual limits on consumer health care expenditures.

Establishes a basic health program buy-in for individuals and eligible small groups to purchase coverage.

New York S08614 amends the social services law to establish a basic health program buy-in, allowing individuals and eligible small groups to purchase coverage from a basic health plan. Eligibility criteria include residency in New York, age under 65, and income levels. The commissioner of health is authorized to establish premium payments and cost sharing, with no cost-sharing for certain services. The bill also amends the financial services law to protect consumers from health care costs by setting annual limits on consumer health care expenditures.