New York's Medicaid rolls have been increasing over the past decade, and the state's Medicaid program expects to have 5 million enrollees by the end of the year, according to a Wall Street Journal report.
More than 2 million people have been added to New York's Medicaid program since 2001, according to the report. In 2001, roughly 15 percent of the state's population was on Medicaid, and now that figure stands at 26 percent — about 10 percent higher than the national average.
New York Gov. Andrew Cuomo is trying to make it easier for people to apply to the program as the numbers grow larger, but he also plans to cap the Medicaid spending growth at 4 percent per year, the report said. The state has already saved $600 million in the first six months of its fiscal year in various cost-saving initiatives, such as the spending growth cap and a three-year phase-in to managed care for all Medicaid recipients.
New York Medicaid Overhaul Saves Nearly $600M in First Six Months
New York Recovers $2.3M in Medicaid Overpayments
More than 2 million people have been added to New York's Medicaid program since 2001, according to the report. In 2001, roughly 15 percent of the state's population was on Medicaid, and now that figure stands at 26 percent — about 10 percent higher than the national average.
New York Gov. Andrew Cuomo is trying to make it easier for people to apply to the program as the numbers grow larger, but he also plans to cap the Medicaid spending growth at 4 percent per year, the report said. The state has already saved $600 million in the first six months of its fiscal year in various cost-saving initiatives, such as the spending growth cap and a three-year phase-in to managed care for all Medicaid recipients.
Related Articles on New York Medicaid:
New York Downtown Hospital Settles Medicaid Fraud, Kickback AllegationsNew York Medicaid Overhaul Saves Nearly $600M in First Six Months
New York Recovers $2.3M in Medicaid Overpayments