Jason Helgerson, New York’s Medicaid director, submitted a waiver to CMS asking if it could keep the roughly $17.1 billion in savings over the next decade to “make investments that otherwise would not be possible because of budget constraints,” according to the report.
In order to receive approval for the waiver, New York Medicaid must show how the money will be used to make the program more cost-efficient and that the reinvestment will not increase costs after the waiver expires in five years.
More Articles on New York Medicaid:
New York Gov. Cuomo Requests Waiver for $10B Healthcare Investment
New York Medicaid Finished $14M Under Budget in 2011
New York Medicaid Work Group Recommends Coverage Cuts
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