As the Hochul administration presses for the creation of a "guaranty fund" to bail out failed health insurers, the state is quietly moving to seize a small company that could be the fund's first target. Read More
Tag: Governor Hochul
The accumulated surplus of the state-run Essential Plan had ballooned to $9.9 billion as of the end of December, putting it on track to break $10 billion by the close of the fiscal year on March 31, according to newly obtained records from the comptroller's office. Read More
In a move that ought to raise eyebrows in Washington, the Hochul administration is requesting additional federal money for New York's Essential Plan, which is already sitting on more than $9 billion after years of running a multi-billion-dollar surpl Read More
As the old Marx Brothers joke goes, “Who are you going to believe, me or your own eyes?” Doreen Harris, president and CEO of the New York State Energy Research and Development Authority, that she was setting the record straight, and that Read More
Governor Hochul is releasing the brakes on Medicaid, allowing state spending on the safety-net health plan to increase more than twice as fast as it typically did during the Cuomo administration. Read More
A pair of Senate Republicans are arguing, on procedural grounds, against Governor Hochul’s plan to allow more charter schools. Read More
After Governor Hochul’s budget unveiling this afternoon, Empire Center experts offered their reactions to the latest framework. Read More
Comptroller Thomas DiNapoli has unveiled a new proposal for constitutionally curbing the state’s seemingly uncontrollable appetite for borrowing. Read More