‘Tip of the iceberg’: nearly 500,000 New Yorkers lose health insurance due to Trump cuts

First of major coverage losses expected as a result of the ‘One Big Beautiful’ bill signed into law one year ago Nearly 500,000 moderate-income New Yorkers will be dumped from their health insurance plans on 1 July – the first of major coverage losses expected as a result of HR 1, the Republican-led law signed almost exactly one year ago. The law, sometimes called the “One Big Beautiful Bill Act,” slashed government health spending by $911bn nationally in favor of permanent tax breaks for higher