Medicaid Redesign Panel Mulls Cost-Saving Proposals
Wednesday, February 16, 2011
The panel that Governor Andrew Cuomo assigned to find nearly $3 billion in Medicaid savings is now considering dozens of proposals, including one that would raise the requirements needed for hospital admissions and another that would limit coverage of brand-name prescription drugs.
The state's Health Department submitted 49 proposals to the so-called Medicaid Redesign Team this week. Cuomo has tasked the panel with finding $2.8 billion in savings.
Almost five million New Yorkers rely on Medicaid. The redesign team has until Friday to rate the ideas. The team will submit its first report to the governor by March 1.