As Governor Cuomo pleads for financial help from Washington, one of his state's programs is sitting on $3 billion in unspent federal aid: the Essential Plan. Read More
Tag: Affordable Care Act
New enrollment numbers from the state-run health insurance exchange confirm a trend relevant to budget talks in Albany: The role of local governments in signing people up for Medicaid is smaller than ever. Read More
New York has lost nearly 1.4 million residents to the rest of the country since 2010—and largely as a result of this outflow, the Empire State’s total population barely budged during the decade, according to the U.S. Census Bureau’s latest annual update of population estimates. Read More
Sen. Chuck Schumer raised the alarm Tuesday about a pending reduction in Medicaid funding for safety-net hospitals, which he said would have "devastating" effect in New York. His warning was misleading in several ways, not least because it left out an important bit of context: Schumer himself voted for the cuts he was deploring. In effect, he was taking credit for trying to clean up a mess he had helped to create. Read More
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 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
The Affordable Care Act “has been a multibillion dollar source of money for the New York health care industry,” Hammond said. A recent analysis by the Empire Center shows most Central New York hospitals saw big increases in Medicaid revenues after the Affordable Care Act allowed the state to expand Medicaid eligibility. Read More
Obamacare enrollment is rising in New York – an exception to the national trend – but not by as much as state officials are implying. Read More