The Trump administration’s move this week to suspend the Affordable Care Act’s “risk adjustment” program leaves more than $300 million in payments to and from New York’s health plans in limbo and further destabilizes the state’s ACA market.
New York pushes more of its Medicaid expenses onto local government than any other state — an almost $8 billion cost-shift that contributes to high property taxes from Montauk to Niagara Falls.
The claim that 98 percent of New Yorkers would save money under a single-payer health system does not add up, even based on proponents' dubious financial estimates.
On the whole, New Yorkers can breathe a sigh of relief if the state Senate’s gridlock forces an early end to the 2018 regular session of the Legislature. Otherwise, the next two weeks will still leave plenty of time for lawmakers to get up to no good.
As a 19th-century Manhattan politician once observed, “no man’s life, liberty or property are safe while the Legislature is in session.” Some things never change. On balance, New Yorkers would probably be better off if this year’s legislative session ended ahead of its scheduled June 21 adjournment.
Conditions are right for a "death spiral" for healthcare insurance. Bill Hammond, the Empire Center's director of healthcare policy, explains the spiral is the result of insurance pools seeing, "healthy people leave, the rates go up, the premiums go up, more healthy people leave and it becomes a vicious cycle.”
Health insurers’ rate applications for 2019, which became public late Friday, raise red flags about the condition of New York’s non-group market.
The newly revealed federal probe of Crystal Run Healthcare, a large doctors group in the Hudson Valley, fits a common pattern with Albany scandals: It's not just about bad behavior but also bad policy.