As the state prepares to collect $2 billion in proceeds from the sale of Fidelis Care, the Cuomo administration has quietly revised its statement on how it will use the money, shifting to an emphasis on service for the needy rather than support for providers. Read More
Tag: Healthcare
The state’s employer-sponsored health insurance premiums spiked by more than 10 percent in 2017, leaving New Yorkers with the some of the highest coverage costs in the contiguous United States. Read More
The state's Essential Plan has amassed a nine-figure surplus due to unexpectedly generous federal funding, records from the Office of the State Comptroller show. Read More
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. Read More
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. Read More
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. Read More
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.” Read More
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. Read More