New York's share of the state's Medicaid budget would be cut by $1.1 billion next year and the state would cap future spending under proposals approved by a state panel and submitted to the governor. The state's Medicaid Redesign Task Force, which included hospital and healthcare labor leaders, backed the package of 79 proposals, which fell within a budget target set by Gov. Andrew Cuomo. With the cap, state Medicaid spending would increase from $15.1 billion in the coming year to $15.7 billion the following year.
New York's fiscal year begins April 1 and the state faces a $10 billion deficit.
Kenneth Raske, a member of the task force and president of the Greater New York Hospital Association, said in a memo to members the package won his vote “since it greatly reduced the earlier proposed reductions to providers—though it still contains considerable reductions—and contains important reforms.”