As 2026 dawns on New York, residents can expect a slew of changes aimed at making their lives more affordable. The start of the new year brings with it a host of new laws, including some that have been years in the making.
For consumers, one of the most significant changes is the capping of health insurance copays for EpiPens, which will now be limited to $100 per pack. While Governor Kathy Hochul hailed the move as a victory for consumers, some major insurers are warning of increased costs that could translate to higher premiums for individuals and small businesses.
Another law taking effect aims to reduce the environmental impact of single-use Styrofoam coolers, which will soon be banned from sale, manufacture, and distribution in New York. Advocacy groups have long argued that polystyrene products pose a significant threat to waterways, with some experts estimating it takes hundreds of years for them to decompose.
In an effort to boost the state's economy and improve working conditions, minimum wage across New York is set to rise by 50 cents per hour. While this will have a positive impact on low-income workers, some business groups are warning that further increases could force small businesses to raise prices or even close their doors.
Lastly, a new law aimed at making organ donation easier has given close friends the power to authorize anatomical gifts in the event of a loved one's passing. Supporters argue this is essential for ensuring no opportunity to save a life is lost due to bureaucratic hurdles.
As these laws take effect, it remains to be seen how they will impact New Yorkers and the state as a whole. However, with Governor Hochul's vision of making the state more affordable and equitable for all residents, one thing is clear: 2026 is shaping up to be an exciting year in Albany.
For consumers, one of the most significant changes is the capping of health insurance copays for EpiPens, which will now be limited to $100 per pack. While Governor Kathy Hochul hailed the move as a victory for consumers, some major insurers are warning of increased costs that could translate to higher premiums for individuals and small businesses.
Another law taking effect aims to reduce the environmental impact of single-use Styrofoam coolers, which will soon be banned from sale, manufacture, and distribution in New York. Advocacy groups have long argued that polystyrene products pose a significant threat to waterways, with some experts estimating it takes hundreds of years for them to decompose.
In an effort to boost the state's economy and improve working conditions, minimum wage across New York is set to rise by 50 cents per hour. While this will have a positive impact on low-income workers, some business groups are warning that further increases could force small businesses to raise prices or even close their doors.
Lastly, a new law aimed at making organ donation easier has given close friends the power to authorize anatomical gifts in the event of a loved one's passing. Supporters argue this is essential for ensuring no opportunity to save a life is lost due to bureaucratic hurdles.
As these laws take effect, it remains to be seen how they will impact New Yorkers and the state as a whole. However, with Governor Hochul's vision of making the state more affordable and equitable for all residents, one thing is clear: 2026 is shaping up to be an exciting year in Albany.