HHSGrantHealthcareApril 1, 2024

STATE INNOVATION WAIVER UNDER SECTION 1332 OF THE AFFORDABLE CARE ACT

$25,858,658,832

AI Summary

This $25.9 billion grant supports New York State's Section 1332 Innovation Waiver under the Affordable Care Act. These waivers allow states to implement alternative approaches to providing affordable health coverage while maintaining comprehensive protections for consumers.

Key Points

  1. 01Section 1332 State Innovation Waiver totaling $25.9 billion
  2. 02Runs from April 2024 through December 2029
  3. 03Allows New York to implement alternative healthcare coverage approaches
  4. 04Must maintain equivalent coverage and affordability protections
  5. 05Administered by NYS Department of Health

Award Details

Start Date

Apr 1, 2024

End Date

Dec 31, 2029

Category

Healthcare

State

NY

Award Type

Grant

Quick Summary

Amount
$25.9B
Agency
Department of Health and Human Services
Recipient
NYS DEPARTMENT OF HEALTH
Type
Grant

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