On the heels of a 14 per cent hike in medical- malpractice rates, Gov. Spitzer has directed his insurance superintendent to form a task force to "confront the fundamental drivers" of high medical-malpractice costs.
Governor Spitzer’s 2007-08 Executive Budget calls for a series of Medicaid cost-containment measures, including a freeze on hospital and nursing-home reimbursement rates. These steps are appropriate and justifiable-but they only scratch at the surface of the problem.
In a trend that has gained little notice outside state and federal budget offices, the growth rate in Medicaid expenditures across the country has slowed to subinflation levels that were last seen in the 1990s. It's even happening in New York â€” home to what is by far the nation's most costly Medicaid program.