Schumer: NY to get billions under new health bill
Share/Save/Bookmark Friday, March 19, 2010 AP

 
ALBANY, N.Y. - Sen. Charles Schumer says increased Medicaid reimbursement in the reconciliation health care bill proposed in Washington would save New York billions of dollars over the next 10 years.

Gov. David Paterson says the change is critical as the state addresses projected multibillion dollar deficits.

Schumer pushed for the change that would increase the reimbursement New York and 11 more states get from the federal government for Medicaid coverage of the poor.

Currently, the state gets 50 percent back, but under the agreement announced Thursday the reimbursement will rise to 75 percent in 2014 and 93 percent five years later.

The reconciliation bill is the result of negotiations from an original health care overhaul bill to an agreement between the House and Senate.

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