Scored 5/10 on whether it helps or hurts everyday people.
The Fund Medicaid Bill
New tax bill aims to fund Medicaid via business surcharges
Enacts the "NYS health care tax reform act"; establishes a public goods and medicaid subsidy surcharge on insurance corporations; establishes a public goods and medicaid subsidy surcharge on business corporations; establishes a public goods and medicaid subsidy surcharge on pass-through entities; relates to filing fee surcharges; relates to revenues to be included in the health care reform act resources fund; establishes a public goods and medicaid surcharge on misclassified workers.
Mixed: some good, some bad ·
If passed, the bill would add new taxes on insurance companies, other businesses and mis‑classified workers to raise money for Medicaid and other health programs.
Our take
What we think, in plain words.
The bill could help fund health care for low‑income New Yorkers, but the extra taxes may be passed on to workers and consumers as higher prices, so people should watch the debate now.
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The facts
What the bill actually says, no spin.
- Adds a surcharge on insurance companies.
- Adds a surcharge on all business corporations.
- Adds a surcharge on pass‑through entities and mis‑classified workers.
- Revenue goes to a health care reform fund for Medicaid subsidies.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the New York Bill Book 2026
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