Relates to coverage for New Yorkers losing insurance due to the implementation of HR 1

This bill creates a state premium assistance program in New York to provide health insurance coverage to individuals who lose coverage due to changes in federal immigration policies. It directly affects lawfully present immigrants who currently qualify for federal subsidies but may become ineligible due to their immigration status. The program would offer financial assistance equivalent to federal premium tax credits and cost-sharing reductions based on household income, starting no later than January 1, 2027. Additionally, the bill expands eligibility for existing coverage to include certain low-income residents regardless of federal funding availability, with special provisions for pregnant individuals and their children.