UU Analysis: NYHA Will Add Costs, Eliminate Jobs
May 15, 2021
Upstate United, a BNP partner organization and non-partisan, pro-taxpayer, pro-economic growth, and pro-Upstate education advocacy coalition, recently analyzed the research on the potential economic impact of the New York Health Act (NYHA).
NYHA would move all state residents onto public plan
If enacted, the NYHA would impose a single-payer healthcare system for all New York residents. The bill would force New Yorkers off their private health plans and instead put all state residents onto a public plan. Doing so would increase wait times, decrease access to quality care, repel top doctors from working in our state, and put many New Yorkers out of work.
Cuomo: A state-level single payer system is not feasible
Although any single-payer healthcare system has flaws, a state-level single payer system would be particularly problematic. The historic tax increases imposed by this bill would likely drive New York’s highest earners to move to neighboring states. Additionally, offering this level of care to all residents would draw high-need patients from around the country to move to New York. In other words, a state-level single-payer plan would attract those with the highest medical costs and drive out the taxpayers needed to finance the program. Governor Andrew Cuomo has taken the position that a state-level single payer system is not feasible, pointing to failed attempts in Vermont and California.
Upstate United’s analysis confirms the suspected problems with the NYHA, noting that the Act would cause:
- An additional $253 billion in payroll taxes on employers and workers.
- A loss of 161,000 jobs statewide, including 50,445 in the Upstate region.
- A disproportionate number of job losses in Erie County.
UU’s full fact sheet is available here.
Realities of Single Payer recently released a toolkit to help employers understand and communicate with lawmakers about the consequences of the New York Health Act. The toolkit is available here.
Upstate United is a non-partisan, pro-taxpayer, pro-economic growth and pro-Upstate education and advocacy coalition made up of business and trade organizations from across Upstate New York.
Worldwide, companies throughout every business sector are dealing with significant supply chain challenges. The Buffalo Niagara region is certainly no exception. Increased costs, labor shortages, logistical breakdowns, and a host of other issues are impacting all aspects of the economy from manufacturer to customer.
Last night, New York voters selected party nominees for Governor, Lt. Governor, and Erie County Clerk.
Primaries for U.S. House and State Senate seats will be held on August 23. No Assembly candidates in Erie or Niagara counties faced primaries.
In the next few months, prepare to receive a much higher bill for unemployment insurance (UI). The BNP spent over a year warning state leaders that this was coming. The state failed to act, and now, the chickens are coming home to roost.
One set of primary elections will take place on Tuesday, June 28. Early voting is open now. Look up your polling place and sample ballot here: (Erie County) (Niagara County). Note that primary elections are only open to voters registered in that party.