Tag: Centers for Medicare & Medicaid Services
Federal officials are reviewing the state's expropriation of $2 billion from the sale of Fidelis Care health plan, potentially throwing a wrench into the Cuomo administration's plans for using the money. 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
In a press conference at Albany Medical Center on Monday, Senator Chuck Schumer deplored what he called a "dramatic cut to upstate New York hospitals," which he claimed would force layoffs and threaten "critical care services such as cancer treatment, addiction treatment and prescription drug access." The senator's depiction of a complex policy change was alarmist and misleading. Read More
The Trump administration’s move this week to suspend the Affordable Care Act’s “risk adjustment” program leaves more than $300 million in payments to and from New York’s health plans in limbo and further destabilizes the state’s ACA market. Read More
From 2014 to 2016, New York’s Medicaid program saw a surge in drug spending that Governor Andrew Cuomo blamed on “abusive” behavior by drug manufacturers. A new Empire Center issue brief shows that, after accounting for rebates, the surge was smaller than Cuomo described, and that it was mostly driven by enrollment growth. Overall, the report finds that price increases accounted for about one-fifth of the spending surge, while enrollment accounted for four-fifths. Read More
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