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