New Yorkers Warned of 38 Percent Spike in Health Insurance

New York Governor Kathy Hochul has warned her constituents that President Donald Trump‘s tax and domestic policy bill, which is being debated in Congress, may result in health insurance costs rising by 38 percent for some in the state.

According to the governor, if the “One Big Beautiful Bill” is approved, the 140,000 New Yorkers with low-income who use the state-run marketplace health plan may see their average monthly premium costs rise by $114.

Newsweek has contacted Hochul and the White House for comment via email outside regular working hours.

Why It Matters

Trump’s “big, beautiful bill” has been divisive in Congress, with both Democrats and Republicans warning of its potential consequences. The bill, which includes about $4.9 trillion in tax breaks, passed in the House after weeks of negotiations. Some lawmakers have voiced concern about constituents losing critical benefits, while others have called for further budget cuts.

Elon Musk, Trump’s former adviser, has also lashed out against the bill since he left the Department of Government Efficiency. The billionaire has criticized not only the fiscal plan but also those who voted in support of it.

With the Trump administration looking to make cuts and changes to federal health care programs, such as Medicare and Medicaid, concern about health insurance has been escalating.

What To Know

Hochul’s office reported on Monday that the 38 percent spike in health insurance cost represented an average monthly increase of $114 for individuals and $228 for couples.

In total, 240,000 New Yorkers would be affected, the governor’s office reported, while other policies brought in by the Trump administration could increase the number of uninsured New Yorkers to 1.5 million.

The effects of the legislation are expected to vary by region, with Mohawk Valley seeing the highest rise in costs—potentially a $270 jump in average monthly premiums for couples, equivalent to a 49 percent increase.

Other highly affected areas include the Southern Tier, Central New York and Western New York.

Couples in the mid-Hudson region could see an increase in monthly premiums of $206, or 31 percent, while couples in Finger Lakes could see costs rise by $248 a month, equating to 42 percent.

New Yorkers who also have coverage via the state-run individual commercial market but do not qualify for tax credits would also be affected, Hochul’s office…