In his 2012-13 budget, Governor Cuomo proposed the New York Health Benefit Exchange, which is almost identical to legislation passed by the Assembly late last session (A.8514/S.5849). The differences are largely technical and timeframe adjustments.
The Governor proposes a governance structure for an exchange but leaves more contentious issues for future legislation.
The Exchange is proposed as a public benefit corporation, directed by a nine-member board of directors, including the Health Commissioner, the Superintendent of Financial Services and seven others to be appointed by the Governor, two of which will be appointed on the recommendation of the Senate Majority Leader and Assembly Speaker. To read the full bill text, go here, see Part F, p. 132.
-Jaime Venditti, 1/25/12