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De Blasio said the plan, which would be financed out of the city’s public health budget, would ultimately be cost effective by reducing hospital emergency room visits by uninsured patients and by improving public health. (Photo: Shutterstock)

(Bloomberg) –New York Mayor Bill de Blasio proposed a $100 million plan that he said would provide affordable “healthcare for all,” reaching about 600,000 people, including undocumented immigrants, low-income residents not enrolled in Medicaid and young workers whose current plans are too expensive.

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