Tag: Healthcare

The legislation has long been debated by Gottfried, who projects it will save the state $45 billion a year, and the conservative-leaning Empire Center for Public Policy's Bill Hammond, who said implementation will be prohibitively expensive and poses many logistical challenges, beginning with securing a waiver from the federal government. Read More

As the state prepares to collect $2 billion in proceeds from the sale of Fidelis Care, the Cuomo administration has quietly revised its statement on how it will use the money, shifting to an emphasis on service for the needy rather than support for providers. 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

Conditions are right for a "death spiral" for healthcare insurance. Bill Hammond, the Empire Center's director of healthcare policy, explains the spiral is the result of insurance pools seeing, "healthy people leave, the rates go up, the premiums go up, more healthy people leave and it becomes a vicious cycle.” Read More