Stec Joins Colleagues to Present Medicaid Overhaul
Assemblyman Dan Stec (R,C,I-Queensbury) joined his colleagues yesterday at a press conference in Albany where they unveiled the Assembly Minority Conference’s plan to reform Medicaid costs in New York. The plan would shift the burden from counties and place the costs on the state (A.9901). New York has the second-most costly Medicaid program in the nation behind California, costing roughly $72.1 billion in 2017-18; it also is one of only 18 states to require counties to cover some of the non-federal costs of Medicaid.
Forcing localities to pay the local share of Medicaid causes New York to have some of the highest property taxes in the country. New York ranks among the worst in the nation when it comes to property taxes, at 47th.
The Assembly Minority’s proposed overhaul would cut property taxes without adding any new costs for taxpayers. Picking up the county’s share of the cost of Medicaid would give the state an incentive to sift through the budget and work to cut wasteful spending, fraud and abuse that cost New York billions of dollars each year.
“This is a great plan that will not only shift the burden of Medicaid costs from local municipalities, but also from taxpayers,” said Stec. “New Yorkers pay some of the highest property taxes in the country; this plan will help to reduce this cost. Last year Florida spent roughly $92.3 billion on its entire state budget, Medicaid included. New York’s 2017-18 budget totaled around $163.6 billion, with Medicaid costing roughly $72.1 billion, nearly as much as Florida’s budget. This is exactly why we are ranked 47th in the country for property taxes.”