Medicaid rates for New York State prove to be the highest of all US States.

Today New York State has the highest Medicaid rates of all US States. Reimbursement rates for patients in institutional care was extremely high. Medicaid reimbursement rates for New York State remain at an all time high as of 2018. Medicaid rates for New York State presently account for 15% percent of the national total for the Medicaid program. However Medicaid rates for New York State covers only 8% percent of beneficiaries. New York State’s cost per person enrolled in the Medicaid program is $7,912 dollars per year on an annual basis.

Medicaid spending in New York was at $54.5 billion dollars for the 2013 FFY. Medicaid spending increased by an annual average of 1.3% percent which later on was lead by a 1.6% percent increase in 2014. These Medicaid rates provide coverage to millions of New Yorkers.

In March 23, 2017, New York State had received $59.8 billion dollars in Medicaid expansion. This year New York State plans to receive $60 billion dollars in Medicaid expansion. Much of which comes from federal funding.

New York is resetting its rate setting based structure based on a new waiver system. From now on, funding for Medicaid will be on a state basis. The governor of New York plans to allocate funding for Medicaid to be on a state basis. Currently New York extends Medicaid eligibility to the non-poor or middle class for long-term care. However the government of New York plans to limit Medicaid eligibility to the poor and reduce payment rates to competitive levels.