Cover image of show Empire Center

Empire Center

Podcast by Empire Center

English

Personal stories & conversations

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About Empire Center

The Empire Center for Public Policy, Inc. is an independent, non-partisan, non-profit think tank based in Albany, New York. Our mission: Make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government. Here you can listen to podcast versions of our public events we host on pertinent topics surrounding New York State politics.

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53 episodes

episode Episode 45: Medicaid Money Grab artwork

Episode 45: Medicaid Money Grab

In this episode of Messages of Necessity, Empire Center Senior Fellow for Health Policy Bill Hammond is joined by Cam Macdonald, the Center’s General Counsel, to dissect Governor Hochul's recently proposed “MCO tax” and the implications it may hold for New York's Medicaid financing. They delve into the tax’s origins, modeled on a similar approach in California, and discuss how this plan could bring in a fraction of the projected $4 billion in extra federal aid that state lawmakers anticipated. With details pulled from the state’s federal waiver application, Bill and Cam explore the estimated $2.8 billion in gross revenues and the net returns of $1.4 to $1.8 billion after state costs, unraveling the financial mechanics and potential legal and policy consequences for insurers, Medicaid recipients, and New York taxpayers.

29 Oct 2024 - 23 min
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