New York’s 80-year-old Executive Budget law, rooted in Article VII of the state Constitution, has stood the test of time in many respects. But some glaring holes in the law have become more and more evident over the past couple of decades. As a result, the severity of New York State’s latest fiscal crisis has been compounded by a lack of budgetary discipline, transparency and accountability.
LAST week, Gov. Paterson activated New York’s “health-emergency preparedness plan,” as a prudent precautionary measure to deal with a potential swine-flu epidemic.
Up to 37 percent of New Yorkers currently lacking health insurance would be encouraged to purchase their own coverage if the price was reduced through reform of state insurance regulations, according to a new study issued today by the Manhattan Institute for Policy Research and the Empire Center for Public Policy.
The Empire Center explored these market-based reforms for New York's uninsured at a policy forum in Albany.
New York's economy and tax base, already sagging in a deep recession, would take another huge hit under Rep. Charles Rangel’s plan to impose a surtax on high-income households to finance a new government-run health plan.
Retirees' benefits are the fastest-growing part of overall health-coverage costs for New York state and local government. They're already nearly 40 percent of the state's employee-health budget, and they'll consume more than a third of the roughly $3.5 billion New York City will spend on health benefits this year.
Politicians have a habit of crying wolf over budget cuts - even when the "cuts" actually amount to smaller-than-desired spending increases. But amid all the other noise surrounding the final stage of budget negotiations in Albany late this week, New York's county executives made a strong case against what would be one of the more outrageous intergovernmental rip-offs since the creation of the Medicaid program over 40 years ago.
Sen. Hillary Clinton is running for president, in part, on a platform that calls for more government health care. So let's ask a question that may hit a little too close to home: Why does New York spend more on Medicaid—a health-care program for the poor—than every other state but still have a larger portion of its population walking around without health insurance than states that spend far less?