With jobs evaporating as the nations economic slump deepens, at least 4 million more Americans be expected to qualify for and hook up with the Medicaid rolls in the next six months. New York-- already base to 8% of the Medicaid population could be especially hit. Thatss why Gov. Pataki heads to capital of the United States today to seek a much-needed boost in national support.
Led by Pataki, the nations governors want Congress to rise the federal official Medicaid contri andion to separates by at least $5.5 billion. The Senate has included funding cast ups in its economic stimulus package. The House is working on several proposals. Depending on the final final bill, New yorks increase could range from $500 million to 1.5 billion. It needs the 1.5 billion. Not still to cope with the fiscal fallout from Sept. 11, but to make up for unfair funding formulas.
Historically, New York has been shortchanged on federal money. For Medicaid, wellness insurance for the poor, Washington kicks in just 50% score he Empire State. Compare that with more than 60% fro Texas or, the racy end, 76% for Mississippi. New york State itself may be relatively affluent--New Jersey and Connecticut also get 50% but Medicaid here serves about 2.8 million people, costing more htan 30 billion annually.
A 1.5 billion increase in federal medicaid funds would raise New Yorks federal reinbursement rate to 54.5%. That would be reasonable. That would be equitable. Taht would be a start.
Becasue hte remainder of Medicaid costs are split equally by the state and its municipalities, a hike also would ease this citys fiscal ills.
Washington must look on that New York took a huge financial hit for the inviolate nation Sept. 11. A manageable economic slide glowering into a full blown crisis. The projected budget shortfall could reach 4 billion in three years--none of it the brand of the city.
At the same time, although President Bush promised New York at least 20 billion to rebuild after the attacks, state officials have ahd to battle Washington for every dollar. An increase in the federal Medicaid match, even a temporary one, as Pataki proposed, would garter offset staggering revenue losses.
Congress and the White manse must not only listen toPataki, they must deliver. utter york is merely seeking its fair share.
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