Coaltion to Hochul: Reject $4 billion tax on managed care organizations
ALBANY, N.Y. (NEXSTAR) — A coalition of New York chambers of commerce and other business groups said they're worried about a potential hike in medical insurance premiums. To that end, they wrote another letter asking Gov. Kathy Hochul to reconsider new taxes on managed care organizations (MCOs).
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The proposal would establish a Medicaid Investment Fund out of taxes on managed care organizations. MCOs...
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