(Long Island, NY) Assemblyman Anthony Palumbo (R,C-New Suffolk) today expressed his concern with the closure of Health Republic of New York.
Due to poor financial standings, New York’s Co-Op Plan, established under Obamacare, has been directed to end operations by the Department of Financial Services in conjunction with the New York State of Health and the Centers for Medicare and Medicaid Services. In addition to hundreds of millions of outstanding claims yet to be paid, the closure has left more than 215,000 enrollees statewide scrambling to find new insurance.
“This is what happens when you let big government control healthcare,” said Palumbo. “You pay for a plan that is mismanaged and doesn’t work, and now you’re left without adequate coverage. We need to do all that we can to help the individuals and businesses that have been so negatively affected by the Obamacare debacle.”
Health Republic was originally planned to remain active throughout the year, but was prematurely closed on November 30. Members of the program have been put into a compromising situation and are now forced to reenroll into alternative coverage plans.
“Anyone affected by this closure can obtain assistance with new enrollment as well as alternate plan options at New York State of Health’s website,” Palumbo concluded.
