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The tax department was formally created on January 1, 1927, but the first signs of the department date to 1859. The original intent was to find a way (a mathematical formula) to distribute tax revenue to individual counties in New York State.
It allows enrollees to compare health insurance plans and provides those who qualify with access to tax credits. Enrollment started on October 1, 2013. [2] It was created in April 2012. [1] During the first month of operation 16,404 people enrolled in health plans offered through New York's health insurance marketplace. [3]
Health Insurance Plan of Greater New York (HIP) was incorporated in 1944 as the first health insurance plan for public service workers. [9] The company was founded by David M. Heyman with the support of New York City mayor Fiorello LaGuardia, who wanted to offer medical services to New Yorkers of “moderate means.” [10] HIP got its first members in 1947.
In 1859, the New York State Legislature created the New York State Insurance Department, and assumed the functions of the Comptroller and Secretary of State relating to insurance. [1] The department began operations in 1860 and William F. Barnes was the first Superintendent of Insurance. [1]
The National Retail Federation confirmed this month that holiday spending could increase by as much as 3.5% from last year and hit a new record of $989 billion.
Nearly seven years in the making, the expanded College Football Playoff will make its debut this season with Indiana at Notre Dame on Friday.. The 2024 college football season was rife with drama ...
At various times in the past, the New York state government has taken money from NYSIF's reserves to cover other budget shortfalls. Between 1982 and 1990, $1.3 billion was transferred to the state's general fund under Governor Mario Cuomo. In 1996 the practice was banned by state law.
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