The new state budget features a larger-than-usual increase in Medicaid spending and two new coverage mandates for private insurers – adding to the already steep costs of health care for New York's taxpayers and policyholders.
Bill Hammond, director of health policy at the Empire Center for Public Policy, said that the state has legitimate reasons for improving the way the home-care program is run and reeling in its fiscal intermediaries.
New York’s hospitals are in the throes of two seemingly contradictory trends. Their collective revenues are showing strong growth, yet more and more of them are chronically operating in the red.
Governor Cuomo is now backing away from Medicaid spending cuts he pushed less than four weeks ago, his second about-face on health-care funding so far this year. Even more head-spinning is his stated rationale: the supposed threat to federal aid outlined in President Trump's budget proposal this week.
Some of the heated attacks on Governor Cuomo's Medicaid cuts, including a claim that tens of thousands of jobs would be lost, should be taken with a grain of salt.
Just-disclosed campaign spending by the Greater New York Hospital Association sheds additional light on health-related developments in Albany last year.
Health care was the dog that did not bark at Governor Cuomo's combined State of State and budget address on Tuesday. Instead of announcing a major plan to expand coverage, he called for appointing a commission to study "options for achieving universal access" and report back by December – a clear sign that he has no stomach for tackling the issue in this session.
The New York City Council's vote of support on Tuesday for a statewide single-payer health plan showed curious timing from a fiscal point of view. Two weeks before, sponsors of the New York Health Act told union officials that they were changing the bill in ways that could cost the city billions of dollars per year. Details of these high-stakes changes won't be available until next month, yet Council members chose to back the measure anyway – effectively endorsing a blank check.