The Painful Price of Medicaid

The fast-rising cost of Medicaid is one the most pressing issues facing the governments of New York City and State. One in four New Yorkers are served by the system of insurance, which now costs an average of $1 billion a week. Health care for the poor and long term care for the disabled and older people are more expensive than ever—and their recent growth exceeds the size the state budget gap. Governor Andrew Cuomo’s new Medicaid Redesign Team made recommendations that would create nearly $3 billion in savings.

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Medicaid: Can New York Control Spending?

With Medicaid expenses accounting for one-third of NYS's budget and still rising, there has been much debate about how to control costs while recognizing the vital importance of the Medicaid program. This explored the political feasibility of major reform of Medicaid, including the possibility of a State take-over of Medicaid spending, as well as long term care and other issues relevant to Medicaid-related spending.

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