Yearly Archives: 2025

NY Department of Heath Eliminates Commission for Essential Plan

Abstract: The New York State Department of Health (DOH) recently announced that, effective January 1, 2026, compensation to licensed brokers and agents for Essential Plan health coverage via the NY State of Health Marketplace will no longer be permitted for new enrollments or renewals. Body: ​The New York State Department of Health (DOH) recently announced that, effective January 1, 2026, compensation to licensed brokers and agents for Essential Plan health coverage via the NY State of Health Marketplace will no longer be permitted for new enrollments or renewals.  The Essential Plan is an affordable health plan for New York residents who are not eligible for…

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DFS Urges Cyber Precautions Due to World Events

Abstract: The New York State Department of Financial Services (DFS) today advised all entities it regulates to prepare for increased risks of cyber attacks resulting from recent global conflicts. Body: ​The New York State Department of Financial Services (DFS) today advised all entities it regulates to prepare for increased risks of cyber attacks resulting from recent global conflicts. The industry letter appears to have been prompted by the entry over the weekend of the United States into the conflict between Israel and Iran.Parts of the letter focused on laws and regulations pertaining to virtual currencies and U.S. sanctions against certain countries. Much of it discussed…

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Big I New York Scores Legislative Wins — But Crucial Proactive Bills Stall as Session Closes

Abstract: Lawmakers concluded their regularly scheduled 2025 legislative session this week, but work is far from over. Body: ​Lawmakers concluded their regularly scheduled 2025 legislative session this week, but work is far from over. Big I New York and the insurance industry secured legislative wins and stopped several negative bills. The largest bill category, however, is important proactive bills that were held in one or both chambers. This means that there is much work to be done over the next six months to prepare for the 2026 legislative session.Big I New York tracked hundreds of bills this session. The following represents the status of just a handful of priority…

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