Wednesday, June 25, 2025
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Opinion

Hochul’s Medicaid shake-up could help both patients and taxpayers

admin by admin
March 6, 2022
in Opinion
0
Hochul’s Medicaid shake-up could help both patients and taxpayers
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter



Gov. Kathy Hochul’s plan to spice up competitors for state Medicaid managed-care contracts may weed out some less-than-scrupulous operators and perhaps get monetary savings down the street, however insurers are proper to level out potential downsides.

Beneath the gov’s plan, the state would power Medicaid managed-care suppliers to compete for between two and 5 contracts per area. That might give regulators an opportunity to higher vet gamers, enhance companies and charges and shut out those that attempt to sport the system (say, by recruiting sufferers who don’t actually need Medicaid companies). Reliable sufferers may wind up higher off. Taxpayers, too.

But managed-care suppliers rightly word that the competitors course of itself will likely be costly, time-consuming and probably chaotic — for them, the state, health-care suppliers and sufferers. Certainly, some Medicaid recipients could be pressured to change plans, if theirs isn’t provided.

“This has the potential to be extraordinarily disruptive,” warns New York Well being Plan Affiliation President Eric Linzer.

Limiting the variety of managed-care suppliers to only 5, at most, may additionally invite pay-for-play corruption, although that’s a hazard with any contracting.

If Hochul’s plan (now part of her budget proposal) turns into legislation, the state might want to deal with the transition rigorously: Do no matter’s essential to restrict the chaos and expense (for insurers and state bureaucrats) of the bidding course of. Guard in opposition to corruption by making the method totally clear, with pre-established standards for selecting winners.

And why on Earth does Hochul counsel contemplating whether or not plan suppliers are for-profit corporations? If they provide the perfect product on the lowest price, who cares in the event that they make a revenue?

All this, in fact, quantities to a modest reform of a Medicaid program that prices greater than $80 billion a yr and, although meant for the poor, covers nearly 40% of the state’s inhabitants. However small steps for small ft.

Let’s simply hope any enhancements the state makes to this a part of this system greater than offset any harm it causes.



Source link

Tags: HochulsMedicaidPatientsshakeuptaxpayers
admin

admin

Related Posts

Biden’s energy chokehold lost us $150B of oil and gas
Opinion

Biden’s energy chokehold lost us $150B of oil and gas

June 5, 2024
Joe Biden making a cynical power play aimed at keeping son Hunter out of prison, him in the White House
Opinion

Joe Biden making a cynical power play aimed at keeping son Hunter out of prison, him in the White House

June 5, 2024
New York leads nation in protecting kids on social media
Opinion

New York leads nation in protecting kids on social media

June 4, 2024
Next Post
Ex-spy Anna Chapman thanks Russians for ‘patriotism’ amid war

Ex-spy Anna Chapman thanks Russians for 'patriotism' amid war

NYC treasure-filled mansion hits the market for $2.7M

NYC treasure-filled mansion hits the market for $2.7M

New York City begins easing COVID restrictions

New York City begins easing COVID restrictions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

A closer look at the summertime 2024 COVID increase

A closer look at the summertime 2024 COVID increase

12 months ago

Apple to release iPhone ‘Lockdown Mode’ amid hackers battle

3 years ago

Why Mike Evans tussled with Saints’ Marshon Lattimore in Bucs brawl

3 years ago
Foo Fighters release first song since Taylor Hawkins’ death 

Foo Fighters release first song since Taylor Hawkins’ death 

2 years ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill cancer Case CBS CEO City Court COVID Day dead deal Elon game George Gov Health Hochul home House Joe Judge man Mayor Musk NYC Office Report school star State time trial Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

Princess Diana’s bold request was the one thing her designer refused

I spent $200 on the viral ‘Japanese head spa’ treatment — but does it actually work?

Lawyer lives her life like it’s the 1800s

Eye-catching ‘calico hair’ trend takes inspiration from cats

This is what Gen Z is obsessed with right now: Parke, Labubu and more

‘Genius’ lip liner hack guarantees a long-lasting look — but experts say it’s iffy

Trending

When tying the knot, stick your neck out with chic ties
Fashion

When tying the knot, stick your neck out with chic ties

by admin
June 24, 2025
0

Grooms wanting so as to add their very own fashion to their go well with or...

Skincare fan’s PSA as popular product leaves her face burning and wrinkly

Skincare fan’s PSA as popular product leaves her face burning and wrinkly

June 24, 2025
Leg-lengthening surgery from ‘Materialists’ is real — here’s why patients drop thousands on the ‘Frankenstein’ procedure

Leg-lengthening surgery from ‘Materialists’ is real — here’s why patients drop thousands on the ‘Frankenstein’ procedure

June 23, 2025
Princess Diana’s bold request was the one thing her designer refused

Princess Diana’s bold request was the one thing her designer refused

June 23, 2025
I spent $200 on the viral ‘Japanese head spa’ treatment — but does it actually work?

I spent $200 on the viral ‘Japanese head spa’ treatment — but does it actually work?

June 22, 2025

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved