Empire Center

Empire Center

Episode 46: Medicaid Overdose

10 min · 10 de dic de 2024
Portada del episodio Episode 46: Medicaid Overdose

Descripción

In this episode of Messages of Necessity, Empire Center Senior Fellow for Health Policy Bill Hammond unpacks his latest report, Medicaid Overdose: The Excessive Growth of State-Sponsored Health Coverage in New York. Bill explores how Medicaid enrollment has surged to include millions of residents exceeding income eligibility limits, raising critical concerns for taxpayers and policymakers.

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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 de oct de 202423 min