Sunday, October 12, 2014

CUOMO KNOWS MEDICAID IS IN TROUBLE NO MATTER WHAT


When Cuomo talks about Astorino cutting Medicaid he knows that Congressional investigators have urged the Obama administration to block Gov. Cuomo’s request to reallocate $10 billion in federal Medicaid funds until New York pledges to pay back billions of dollars it over-billed in prior years.



The investigations panel issued a report last year that claimed New York overcharged the feds $15 billion in Medicaid reimbursements be...tween 1991 and 2011.
“However, New York’s Medicaid program has fostered a system that over the past two decades has wasted vast sums of our nation’s limited resources.


Powerful special interest groups, cronyism and political corruption in the state have largely contributed to the New York Medicaid program’s unchecked growth and have made program reform exceedingly difficult.”

The feds reduced Medicaid payments to New York by $1.2 billion last year to begin addressing the issue.

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