Wonder why New York pays through the nose for everything from health care to construction projects to auto insurance — and taxes? A new report from the Empire Center has a one-word answer: lawsuits.
New York’s civil liability laws should be brought closer to the national mainstream with a series of reforms designed to balance more fairly the rights of plaintiffs and defendants, according to a report released today by the Empire Center for Public Policy.
Needed liability reforms would create a more balanced legal environment, reduce costs for those who live and work in New York and improve the state’s economy.
Any savings in New York, particularly in the New York City suburbs with high taxes, would be negligible compared with what other states may see, said E.J. McMahon, president of the Empire Center, a fiscally conservative group in Albany.
"This much is clear: A couple falling well within the middle class by downstate standards — people, in most cases, living paycheck-to-paycheck in modest suburban homes — will realize much smaller savings than their counterparts in lower-cost, lower-taxed states across the country," he wrote.
The award for the most deceptive name in New York state government goes to an obscure but expensive program called the “Indigent Care Pool.”
Progressive politicians jumping on Bernie Sanders’ Medicare-for-all bandwagon should be careful what they wish for – especially if they represent New York.
Washington lawmakers are contemplating fallback healthcare legislation that risks repeating one of Albany’s most notorious policy blunders – and triggering a “death spiral” in non-group insurance markets nationwide.
A mandated state takeover of local Medicaid costs, added to the House GOP health bill by U.S. Reps. Chris Collins and John Faso, promises relief for property taxpayers across New York. However, some counties stand to save more than others.