Over the next few days, as Gov. Andrew M. Cuomo and the legislature negotiate the final details of a state budget for fiscal 2012-13, New Yorkers will be hearing very little about Medicaid -- a subject that used to dominate the headlines out of Albany this time of year.
President Obama recently announced his intention to restrict what can be sold in private vending machines at public schools as a way to address the obesity crisis among children and youth.
Assembly Speaker Sheldon Silver wants to raise the state's minimum wage by 17 percent, to $8.50 an hour, and link it to inflation, guaranteeing more yearly increases.
S&P has just put out a report (no link) on the amount of money that state governments have promised to current and future retirees in “other post-employment benefits” (OPEB), mostly health.
New York’s expensive Medicaid program provides generous long-term care benefits to a large number of recipients. Although Medicaid eligibility is means-tested, with limits on both income and assets, the program nevertheless pays for most professional long-term care services in the state.
Beginning in 2014, the Patient Protection and Affordable Care Act, signed into law in March 2010, is expected to significantly extend health-insurance coverage in New York by increasing Medicaid enrollment and offering federal subsidies for the purchase of private health insurance. However, there is no guarantee that the newly insured will be able to access the health-care system in a timely fashion as new demand for services outstrips physician supply.
New York state and local governments’ liabilities for retiree health coverage run to the hundreds of billions of dollars -- a burden that’s only now coming into full view.