The balance of unspent money in the Essential Plan Trust Fund ballooned to a new high of $1.2 billion as of March 31, records from the comptroller's office show. The surplus more than tripled since the same time last year – even as the Trump administration disrupted federal aid for the program, which provides health coverage to low-income New Yorkers, and the Cuomo administration diverted $635 million in Essential Plan funds to subsidize struggling hospitals. Read More
The scores of New York's nursing homes dipped to an average of 3.19 out of 5 stars in the federal government's latest Nursing Home Compare report card, down from 3.33 in January. However, the national average dropped even further, from 3.35 stars to 3.06. New York's standing improved from 31st to 27th among the 50 states. Read More
Sen. Kirsten Gillibrand has apparently doubled the price tag of her Medicare buy-in proposal, from 4 percent of income to 8 percent – but the math still does not add up. Read More
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. Read More
It’s commonly perceived that New York’s education funding system directs more money to wealthier, whiter schools than to poorer, less white schools – and that the distribution of state aid reinforces those inequities. Looking at the totality of school spending across the state, however, different patterns emerge. Read More
In a "Groundhog Day"-like replay of tactics from last year, health-care interests are again using an unlikely threat of spending cuts in Washington to demand special treatment in the upcoming state budget. The question now is whether the governor and the Legislature will play along with the movie for a second time in a row – and whether it will have the same ugly ending. Read More
These should be boom times for New York’s hospitals, whose collective revenues have been surging by the billions for several years. Read More
Eliminating profit from an entire sector of the national economy would be unprecedented. But the example of New York, on a smaller scale, shows why it is a recipe for dysfunction. Read More