introducing s.4840-the new york health act. introducing s

2
Are You a Physician? How Does it Work? EST. MONTHLY DEDUCTIONS EMPLOYEE INCOME EMPLOYEE SHARE EMPLOYEER SHARE SELF- EMPLOYED % OF TAXABLE INCOME < $25,000 $50,000 $75,000 $100,000 $200,000 $0 $38 $83 $133 $366 $0 $150 $333 $533 $1466 $0 $188 $416 $666 $1832 0% 3.7% 5.4% 6.6% 9.1% Physicians in the US spend one-sixth of their work hours on administration, including bill processing. It’s estimated that doctors waste $84,000 a year to deal with insurance companies. You’re a medical professional. Spend your time with patients, not chasing down payments from insurance companies. The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.* There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income up to $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually. * These payments will cover health care for EVERYONE, with: NO deductibles! NO copays! NO co-insurance! 98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare. Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 -The New York Health Act. Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org/business Are You a Homeowner? How Does it Work? EST. MONTHLY DEDUCTIONS EMPLOYEE INCOME EMPLOYEE SHARE EMPLOYEER SHARE SELF- EMPLOYED % OF TAXABLE INCOME < $25,000 $50,000 $75,000 $100,000 $200,000 $0 $38 $83 $133 $366 $0 $150 $333 $533 $1466 $0 $188 $416 $666 $1832 0% 3.7% 5.4% 6.6% 9.1% Just like businesses, local budgets are also overburdened by inflated healthcare costs. When excess waste and spending is eliminated, you’ll start to see the savings in unexpected places. City and School District taxes could drop by 20% in some areas, which will means you’ll likely be seeing a reduction in your property taxes. The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.* There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income up to $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually. * These payments will cover health care for EVERYONE, with: NO deductibles! NO copays! NO co-insurance! 98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare. Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 -The New York Health Act. Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org Are You a Business Owner? How Does it Work? EST. MONTHLY DEDUCTIONS EMPLOYEE INCOME EMPLOYEE SHARE EMPLOYEER SHARE SELF- EMPLOYED % OF TAXABLE INCOME < $25,000 $50,000 $75,000 $100,000 $200,000 $0 $38 $83 $133 $366 $0 $150 $333 $533 $1466 $0 $188 $416 $666 $1832 0% 3.7% 5.4% 6.6% 9.1% Year after year premiums are only increasing, often by double digits. This inability to predict health care costs year-to-year presents risk to your business and makes it difficult to grow. One unexpected illness or accident could sink your entire company. Insurance in its current state is an outsized cost with a undersized return on investment. The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.* There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income up to $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually. * These payments will cover health care for EVERYONE, with: NO deductibles! NO copays! NO co-insurance! 98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare. Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 -The New York Health Act. Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org/business Are You a NYS Resident and/or Employee? How Does it Work? EST. MONTHLY DEDUCTIONS EMPLOYEE INCOME EMPLOYEE SHARE EMPLOYEER SHARE SELF- EMPLOYED % OF TAXABLE INCOME < $25,000 $50,000 $75,000 $100,000 $200,000 $0 $38 $83 $133 $366 $0 $150 $333 $533 $1466 $0 $188 $416 $666 $1832 0% 3.7% 5.4% 6.6% 9.1% With The New York Health Act, your health coverage will not be selected by or bound to your employer. Many people haven’t seen a raise in pay in years. What would have been an increase for you, instead went to cover rising insurance costs within your company. That’s a loss for everyone,...except insurance companies, of course. The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.* There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income up to $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually. * These payments will cover health care for EVERYONE, with: NO deductibles! NO copays! NO co-insurance! 98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare. Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 -The New York Health Act. Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org

Upload: others

Post on 29-Nov-2021

2 views

Category:

Documents


0 download

TRANSCRIPT

Are You a Physician?

How Does it Work?

EST.

MON

THLY

DED

UCTI

ONS EMPLOYEE

INCOMEEMPLOYEE

SHAREEMPLOYEER

SHARESELF-

EMPLOYED% OF

TAXABLE INCOME

< $25,000$50,000$75,000

$100,000$200,000

$0$38$83

$133$366

$0$150$333$533

$1466

$0$188$416$666

$1832

0%3.7%5.4%6.6%9.1%

Physicians in the US spend one-sixth of their work hours on administration, including bill processing. It’s estimated that doctors waste $84,000 a year to deal with insurance companies. You’re a medical professional. Spend your time with patients, not chasing down payments from insurance companies.

The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.*

There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income upto $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually.

*

These payments will cover health care for EVERYONE, with:• NO deductibles! • NO copays!• NO co-insurance!

98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare.

Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 - The New York Health Act.

Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org/business

Are You a Homeowner?

How Does it Work?

EST.

MON

THLY

DED

UCTI

ONS EMPLOYEE

INCOMEEMPLOYEE

SHAREEMPLOYEER

SHARESELF-

EMPLOYED% OF

TAXABLE INCOME

< $25,000$50,000$75,000

$100,000$200,000

$0$38$83

$133$366

$0$150$333$533

$1466

$0$188$416$666

$1832

0%3.7%5.4%6.6%9.1%

Just like businesses, local budgets are also overburdened by inflated healthcare costs. When excess waste and spending is eliminated, you’ll start to see the savings in unexpected places. City and School District taxes could drop by 20% in some areas, which will means you’ll likely be seeing a reduction in your property taxes.

The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.*

There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income upto $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually.

*

These payments will cover health care for EVERYONE, with:• NO deductibles! • NO copays!• NO co-insurance!

98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare.

Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 - The New York Health Act.

Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org

Are You a Business Owner?

How Does it Work?ES

T. M

ONTH

LY D

EDUC

TION

S EMPLOYEEINCOME

EMPLOYEESHARE

EMPLOYEERSHARE

SELF-EMPLOYED

% OFTAXABLE INCOME

< $25,000$50,000$75,000

$100,000$200,000

$0$38$83

$133$366

$0$150$333$533

$1466

$0$188$416$666

$1832

0%3.7%5.4%6.6%9.1%

Year after year premiums are only increasing, often by double digits. This inability to predict health care costs year-to-year presents risk to your business and makes it difficult to grow. One unexpected illness or accident could sink your entire company. Insurance in its current state is an outsized cost with a undersized return on investment.

The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.*

There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income upto $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually.

*

These payments will cover health care for EVERYONE, with:• NO deductibles! • NO copays!• NO co-insurance!

98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare.

Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 - The New York Health Act.

Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org/business

Are You a NYS Resident and/or Employee?

How Does it Work?

EST.

MON

THLY

DED

UCTI

ONS EMPLOYEE

INCOMEEMPLOYEE

SHAREEMPLOYEER

SHARESELF-

EMPLOYED% OF

TAXABLE INCOME

< $25,000$50,000$75,000

$100,000$200,000

$0$38$83

$133$366

$0$150$333$533

$1466

$0$188$416$666

$1832

0%3.7%5.4%6.6%9.1%

With The New York Health Act, your health coverage will not be selected by or bound to your employer. Many people haven’t seen a raise in pay in years. What would have been an increase for you, instead went to cover rising insurance costs within your company. That’s a loss for everyone,...except insurance companies, of course.

The New York Health Act covers all New Yorkers, including those currently on Medicaid and Medicare, so current federal payments toward these programs will become part of the funding. Additonal funding will come from monthly payroll deductions, instead of paying insurance premiums. Sample below.*

There will be similar deductions based on idle income, such as capital gains, stock trades and dividends. Deductions would be $0 on income upto $25,000, then 9% for taxable investment income over $25,000, and rising to 16% on any portion of investment income over $200,000 annually.

*

These payments will cover health care for EVERYONE, with:• NO deductibles! • NO copays!• NO co-insurance!

98% OF ALL NEW YORKERS will see a significant reduction in the cost of their healthcare.

Americans spend over twice as much per capita on health care than the average developed country. New Yorkers have a solution. Introducing S.4840 - The New York Health Act.

Watch it. www.FixItHealthcare.com Read it. www.nyhcampaign.org

COMMITTE CHAIR

New

Yor

k St

ate

Sena

te H

ealth

Com

mitt

eeDEPUTY VICE-CHAIR

Kemp Hannon (R)6TH DISTRICT

595 Stewart AvenueSuite 540Garden City, NY 11530 516.739.1700 @kemphannon

Patty Ritchie (R)48TH DISTRICT

Dulles State Office BuildingRoom 418Watertown, NY 13601 315.782.3418 @SenatorRitchie

Simcha Felder (D*)17TH DISTRICT

1412 Avenue JSuite 2EBrooklyn, NY 11230 718.253.2015 @NYSenatorFelder

Marty Golden (R)22ND DISTRICT

7408 5th Avenue1st FloorBrooklyn, NY 11209 718.238.6044 @SenMartyGolden

Chris Jacobs (R)60TH DISTRICT

65 Court StreetMahoney State Office Bldg, 213Buffalo, NY 14202 716.854.8705 @JacobsForSenate

Bill Larkin, Jr. (R)39TH DISTRICT

1093 Little Britain RoadNew Windsor, NY 12553

845.567.1270 @SenatorLarkin

Betty Little (R)45TH DISTRICT

5 Warren StreetSuite 3Glens Falls, NY 12801 518.743.0968 @bettylittle

Terrence Murphy (R)40TH DISTRICT

691 E. Main StShrub Oak, NY 10588

914.962.2624 @vote4murphy

James Tedisco (R)49TH DISTRICT

Fulton County Office Building223 W. Main Street, Room B2Johnstown, NY 12095 518.762.3733 @JamesTedisco

James Seward (R)51ST DISTRICT

Oneonta District Office41 South Main StreetOneonta, NY 13820 607.432.5524 #JamesSeward

RANKING MEMBER

Gustavo Rivera (IDC)33RD DISTRICT

2432 Grand ConcourseSuite 506Bronx, NY 10458 718.933.2034 @NYSenatorRivera

VICE-CHAIR

David Valesky (IDC)53RD DISTRICT

333 East Washington St.805 State Office BuildingSyracuse, NY 13202 315.478.8745 @SenDaveValesky

Brad Hoylman (D)27TH DISTRICT

322 Eigth AvenueSuite 1700New York, NY 10001 212.633.8052 @bradhoylman

Todd Kaminsky (D)9TH DISTRICT

55 Front StreetRoom 1Rockville Center, NY 11570 516.766-8383 @toddkaminsky

Velmanette Montgomery (D)25TH DISTRICT

30 Third AvenueSuite 207Brooklyn, NY 11217 718.643.6140 #VelmanetteMontgomery

Roxanne Persaud (D)19TH DISTRICT

1222 East 96th StreetBrooklyn, NY 11236

718.649.7653 @SenatorPersaud

Toby Ann Stavisky (D)16TH DISTRICT

142-29 37th AveSuite 1Flushing, NY 11354 718.445.0004 @tobystavisky

BILL SPONSORS

The New York Health Act S.4840 has already passed in the State Assembly but is currently stuck in the Senate Health Committee. Contact your senator to find out where they stand. They’re waiting to hear from you!Let’s get this unstuck and out for a vote!

COMMITTE CHAIR

New

Yor

k St

ate

Sena

te H

ealth

Com

mitt

ee

DEPUTY VICE-CHAIR

Kemp Hannon (R)6TH DISTRICT

595 Stewart AvenueSuite 540Garden City, NY 11530 516.739.1700 @kemphannon

Patty Ritchie (R)48TH DISTRICT

Dulles State Office BuildingRoom 418Watertown, NY 13601 315.782.3418 @SenatorRitchie

Simcha Felder (D*)17TH DISTRICT

1412 Avenue JSuite 2EBrooklyn, NY 11230 718.253.2015 @NYSenatorFelder

Marty Golden (R)22ND DISTRICT

7408 5th Avenue1st FloorBrooklyn, NY 11209 718.238.6044 @SenMartyGolden

Chris Jacobs (R)60TH DISTRICT

65 Court StreetMahoney State Office Bldg, 213Buffalo, NY 14202 716.854.8705 @JacobsForSenate

Bill Larkin, Jr. (R)39TH DISTRICT

1093 Little Britain RoadNew Windsor, NY 12553

845.567.1270 @SenatorLarkin

Betty Little (R)45TH DISTRICT

5 Warren StreetSuite 3Glens Falls, NY 12801 518.743.0968 @bettylittle

Terrence Murphy (R)40TH DISTRICT

691 E. Main StShrub Oak, NY 10588

914.962.2624 @vote4murphy

James Tedisco (R)49TH DISTRICT

Fulton County Office Building223 W. Main Street, Room B2Johnstown, NY 12095 518.762.3733 @JamesTedisco

James Seward (R)51ST DISTRICT

Oneonta District Office41 South Main StreetOneonta, NY 13820 607.432.5524 #JamesSeward

RANKING MEMBER

Gustavo Rivera (IDC)33RD DISTRICT

2432 Grand ConcourseSuite 506Bronx, NY 10458 718.933.2034 @NYSenatorRivera

VICE-CHAIR

David Valesky (IDC)53RD DISTRICT

333 East Washington St.805 State Office BuildingSyracuse, NY 13202 315.478.8745 @SenDaveValesky

Brad Hoylman (D)27TH DISTRICT

322 Eigth AvenueSuite 1700New York, NY 10001 212.633.8052 @bradhoylman

Todd Kaminsky (D)9TH DISTRICT

55 Front StreetRoom 1Rockville Center, NY 11570 516.766-8383 @toddkaminsky

Velmanette Montgomery (D)25TH DISTRICT

30 Third AvenueSuite 207Brooklyn, NY 11217 718.643.6140 #VelmanetteMontgomery

Roxanne Persaud (D)19TH DISTRICT

1222 East 96th StreetBrooklyn, NY 11236

718.649.7653 @SenatorPersaud

Toby Ann Stavisky (D)16TH DISTRICT

142-29 37th AveSuite 1Flushing, NY 11354 718.445.0004 @tobystavisky

BILL SPONSORS

The New York Health Act S.4840 has already passed in the State Assembly but is currently stuck in the Senate Health Committee. Contact your senator to find out where they stand. They’re waiting to hear from you!Let’s get this unstuck and out for a vote!

COMMITTE CHAIR

New

Yor

k St

ate

Sena

te H

ealth

Com

mitt

ee

DEPUTY VICE-CHAIR

Kemp Hannon (R)6TH DISTRICT

595 Stewart AvenueSuite 540Garden City, NY 11530 516.739.1700 @kemphannon

Patty Ritchie (R)48TH DISTRICT

Dulles State Office BuildingRoom 418Watertown, NY 13601 315.782.3418 @SenatorRitchie

Simcha Felder (D*)17TH DISTRICT

1412 Avenue JSuite 2EBrooklyn, NY 11230 718.253.2015 @NYSenatorFelder

Marty Golden (R)22ND DISTRICT

7408 5th Avenue1st FloorBrooklyn, NY 11209 718.238.6044 @SenMartyGolden

Chris Jacobs (R)60TH DISTRICT

65 Court StreetMahoney State Office Bldg, 213Buffalo, NY 14202 716.854.8705 @JacobsForSenate

Bill Larkin, Jr. (R)39TH DISTRICT

1093 Little Britain RoadNew Windsor, NY 12553

845.567.1270 @SenatorLarkin

Betty Little (R)45TH DISTRICT

5 Warren StreetSuite 3Glens Falls, NY 12801 518.743.0968 @bettylittle

Terrence Murphy (R)40TH DISTRICT

691 E. Main StShrub Oak, NY 10588

914.962.2624 @vote4murphy

James Tedisco (R)49TH DISTRICT

Fulton County Office Building223 W. Main Street, Room B2Johnstown, NY 12095 518.762.3733 @JamesTedisco

James Seward (R)51ST DISTRICT

Oneonta District Office41 South Main StreetOneonta, NY 13820 607.432.5524 #JamesSeward

RANKING MEMBER

Gustavo Rivera (IDC)33RD DISTRICT

2432 Grand ConcourseSuite 506Bronx, NY 10458 718.933.2034 @NYSenatorRivera

VICE-CHAIR

David Valesky (IDC)53RD DISTRICT

333 East Washington St.805 State Office BuildingSyracuse, NY 13202 315.478.8745 @SenDaveValesky

Brad Hoylman (D)27TH DISTRICT

322 Eigth AvenueSuite 1700New York, NY 10001 212.633.8052 @bradhoylman

Todd Kaminsky (D)9TH DISTRICT

55 Front StreetRoom 1Rockville Center, NY 11570 516.766-8383 @toddkaminsky

Velmanette Montgomery (D)25TH DISTRICT

30 Third AvenueSuite 207Brooklyn, NY 11217 718.643.6140 #VelmanetteMontgomery

Roxanne Persaud (D)19TH DISTRICT

1222 East 96th StreetBrooklyn, NY 11236

718.649.7653 @SenatorPersaud

Toby Ann Stavisky (D)16TH DISTRICT

142-29 37th AveSuite 1Flushing, NY 11354 718.445.0004 @tobystavisky

BILL SPONSORS

The New York Health Act S.4840 has already passed in the State Assembly but is currently stuck in the Senate Health Committee. Contact your senator to find out where they stand. They’re waiting to hear from you!Let’s get this unstuck and out for a vote!

COMMITTE CHAIR

New

Yor

k St

ate

Sena

te H

ealth

Com

mitt

ee

DEPUTY VICE-CHAIR

Kemp Hannon (R)6TH DISTRICT

595 Stewart AvenueSuite 540Garden City, NY 11530 516.739.1700 @kemphannon

Patty Ritchie (R)48TH DISTRICT

Dulles State Office BuildingRoom 418Watertown, NY 13601 315.782.3418 @SenatorRitchie

Simcha Felder (D*)17TH DISTRICT

1412 Avenue JSuite 2EBrooklyn, NY 11230 718.253.2015 @NYSenatorFelder

Marty Golden (R)22ND DISTRICT

7408 5th Avenue1st FloorBrooklyn, NY 11209 718.238.6044 @SenMartyGolden

Chris Jacobs (R)60TH DISTRICT

65 Court StreetMahoney State Office Bldg, 213Buffalo, NY 14202 716.854.8705 @JacobsForSenate

Bill Larkin, Jr. (R)39TH DISTRICT

1093 Little Britain RoadNew Windsor, NY 12553

845.567.1270 @SenatorLarkin

Betty Little (R)45TH DISTRICT

5 Warren StreetSuite 3Glens Falls, NY 12801 518.743.0968 @bettylittle

Terrence Murphy (R)40TH DISTRICT

691 E. Main StShrub Oak, NY 10588

914.962.2624 @vote4murphy

James Tedisco (R)49TH DISTRICT

Fulton County Office Building223 W. Main Street, Room B2Johnstown, NY 12095 518.762.3733 @JamesTedisco

James Seward (R)51ST DISTRICT

Oneonta District Office41 South Main StreetOneonta, NY 13820 607.432.5524 #JamesSeward

RANKING MEMBER

Gustavo Rivera (IDC)33RD DISTRICT

2432 Grand ConcourseSuite 506Bronx, NY 10458 718.933.2034 @NYSenatorRivera

VICE-CHAIR

David Valesky (IDC)53RD DISTRICT

333 East Washington St.805 State Office BuildingSyracuse, NY 13202 315.478.8745 @SenDaveValesky

Brad Hoylman (D)27TH DISTRICT

322 Eigth AvenueSuite 1700New York, NY 10001 212.633.8052 @bradhoylman

Todd Kaminsky (D)9TH DISTRICT

55 Front StreetRoom 1Rockville Center, NY 11570 516.766-8383 @toddkaminsky

Velmanette Montgomery (D)25TH DISTRICT

30 Third AvenueSuite 207Brooklyn, NY 11217 718.643.6140 #VelmanetteMontgomery

Roxanne Persaud (D)19TH DISTRICT

1222 East 96th StreetBrooklyn, NY 11236

718.649.7653 @SenatorPersaud

Toby Ann Stavisky (D)16TH DISTRICT

142-29 37th AveSuite 1Flushing, NY 11354 718.445.0004 @tobystavisky

BILL SPONSORS

The New York Health Act S.4840 has already passed in the State Assembly but is currently stuck in the Senate Health Committee. Contact your senator to find out where they stand. They’re waiting to hear from you!Let’s get this unstuck and out for a vote!