Resolution calling on the New York State Legislature to pass, and the Governor to sign, legislation to fully fund the Medicaid program to cover 100% of the cost of care at New York State public, not-for-profit, and safety net hospitals by Fiscal Year 2028, including a significant down payment in the Fiscal Year 2025 State budget

Summary

This resolution urges the New York State Legislature and Governor to pass legislation that would fully fund the Medicaid program to cover 100% of the cost of care for New York State's public, not-for-profit, and safety net hospitals by Fiscal Year 2028. It also calls for a significant initial investment in the Fiscal Year 2025 State budget to address the current reimbursement gap, where Medicaid currently reimburses hospitals 30% less than the cost of care. The resolution highlights that this chronic underfunding exacerbates health disparities in Black and Brown communities and that hospitals have over $3 billion in outstanding infrastructure needs. The COVID-19 pandemic further exposed these financial challenges and inequities. The resolution points to the State's $43 billion in reserves as a potential funding source to achieve healthcare justice.

Citizen Impact

This resolution, if enacted by the State, would lead to improved financial stability for New York City's public and safety net hospitals, potentially resulting in better access to care and reduced health disparities for residents, particularly in underserved communities.

Confidence

high