The Cuomo administration recently revealed that New York’s Medicaid program is running over budget by an astonishing 16 percent, or $4 billion, even though enrollment is flat and medical inflation is at historic lows. This seemingly out-of-nowhere spending spike has triggered the Empire State’s worst fiscal crisis since the Great Recession. It raises an awkward question for fans of single-payer health care in Albany: If state government can’t properly manage the fraction of the health-care system it already controls, why should it be trusted to take over the whole thing? Read More
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The remarkable thing about state's multi-billion-dollar Medicaid crisis is that it is almost entirely the result of the Cuomo administration's own actions. There is no economic downturn or change in federal policy that explains the program's current $4 billion deficit, or its $3 billion projected gap in the next fiscal year, as confirmed in Friday's mid-year update to the state financial plan. Read More
Elizabeth Warren is an unabashed believer in wealth redistribution, so it was predictable that her Medicare for All plan would hit high-income individuals and large corporations with trillions in tax hikes. More surprising are the two other targets she chooses to soak: states that spend most heavily on Medicaid, and employers that offer the costliest health benefits. Read More
The 1199 SEIU contract that the Cuomo administration subsidized with Medicaid money last year included a potentially nine-figure payment to the union's lobbying arm, which has spent millions on TV ads praising Governor Cuomo's health policies. Read More
In a sign of a deepening state budget crisis, the Cuomo administration says it is planning to delay another $2 billion in Medicaid payments this coming spring, according to a recent report from the Budget Division. Read More
A Cuomo administration analysis of its own Medicaid rate hike last fall appeared to show a disproportionate benefit for hospitals associated with the politically influential labor union 1199SEIU. Read More
At the midway point of the fiscal year, New York's Medicaid health plan has already spent 61 percent of its state-funded budget, according to the latest cash report from the comptroller's office – putting the program on track to end the year with a $2.9 billion shortfall. Read More
When it comes to New York’s latest Medicaid mess, the buck stops with Gov. Andrew Cuomo. Read More