Sections SEARCH Skip to content Skip to site index Health Subscribe Log In Subscribe Log In Advertisement Supported by New York’s Medicaid program says Orkambi, a new drug to treat cystic fibrosis, is not worth the price. The case is being closely watched around the country. ByKatie Thomas June 24, 2018 A wave of breakthrough drugs is transforming the medical world, offering hope for people with deadly diseases despite their dizzying price tags. But what if it turns out that some of these expensive new drugs don’t work that well? That’s the quandary over Orkambi, a drug that was approved in 2015 for cystic fibrosis and was only the second ever to address the underlying cause of the genetic disease. Orkambi, which is sold by Vertex Pharmaceuticals, costs $272,000 a year, but has been shown to only modestly help patients. Now, in a case that is being closely watched around the country, New York state health officials … [Read more...] about A Drug Costs $272,000 a Year. Not So Fast, Says New York State.
New york state health insurance program
Each year, my agency, the New York State Department of Financial Services, uses its authority to review and approve health insurers' rate requests for the individual and small-employer group markets to ensure premiums are justified. DFS has regularly reduced requested increases, saving consumers and businesses approximately $2 billion over the past four years. Far more than in other states, New York’s health insurance markets remain competitive and robust, with 15 insurers offering coverage in our individual market and 19 in our small-group market. Indeed, New York's embrace of the Affordable Care Act has helped cut the state's uninsured rate in half, to 5%—among the lowest in the nation—since 2010. Moreover, commercial health insurance premiums for individuals cost less than half of what they would have without our full implementation of the ACA. Unfortunately, despite all this progress, the Trump administration has relentlessly attacked the ACA and the basic premise … [Read more...] about Protecting New York’s health insurance marketplace from Trump
ALBANY — When the Assembly gavel sounded just after 4 a.m. on March 31, the State Legislature sealed a $168.3 billion New York state budget, completing the job with about 20 hours to spare before the deadline. With a record level of spending, the financial plan included spending increases on big-ticket items such as schools, Medicaid and transportation. There also were obscure ones such as a wine and culinary center, a maple producers’ initiative and the South Fork Commuter Connection Bus Service in Suffolk County. But, as with most election years, lawmakers by and large gave up on forcing decisions on controversial issues, choosing to fight next year rather than risk blowback at the polls in the fall. When they did tackle contentious proposals, they often approved a scaled-down version. Here is a look at highlights, lowlights, odds, ends and last-minute surprises of what’s in and what’s out of New York’s 2018-19 budget: Cuomo’s keynote approved. … [Read more...] about New York State budget: What made it in and what was left out
Driving the Day Good Thursday morning. FRONT PAGES THAT TRUMP WILL LIKE … NYT,banner headline: “G.O.P. EXULTS AS CONGRESS DELIVERS TAX BILL …Gamble by Trump on Expansion Defies Odds … Savoring a Major Win in a Year of Setbacks” http://nyti.ms/2kVZBPs … WAPO, banner: “Sweeping tax overhaul clears Congress” http://bit.ly/2BaWkCT THE NEXT PROBLEM … GOV’T FUNDING … BREAKING OVERNIGHT -- RACHAEL BADE and JOHN BRESNAHAN: “Speaker Paul Ryan and his top lieutenants plan to bring a short-term government funding bill to the House floor on Thursday despite internal resistance — in the hopes of averting a shutdown and then leaving town for the holidays.Story Continued Below “GOP leaders are betting that their conference doesn’t want to trample on their tax victory by shuttering federal agencies. They plan to call up the bill, along with a separate $81 billion disaster package for hurricane relief. If the … [Read more...] about ONTO THE NEXT ONE: Tax passed, government funding up next — A BRUTAL Q1 in 2018 — House GOP launches probe into DOJ, FBI — PANIC over children’s health insurance program — B’DAY: Steven Mnuchin
Hillary Clinton joined forces with former Senate Republican leader Bill Frist on Thursday to push Congress to reauthorize the Children's Health Insurance Program (CHIP) well ahead of a late September deadline, arguing that "our most vulnerable children shouldn't be caught in the crossfire" of the continued fighting over the budget and Obamacare. Clinton, the early but undeclared frontrunner for the Democratic presidential nomination, and Frist, a physician and former Senate majority leader, made their case in an op-ed published in the New York Times. "Despite strong bipartisan support, we are concerned that gridlock in Washington and unrelated disputes over the Affordable Care Act could prevent an extension of the program," they wrote. "As parents, grandparents, and former legislators, we believe that partisan politics should never stand between our kids and quality health care." Federal funding for CHIP is due to dry up at the end of September, when the bill currently funding the … [Read more...] about CBS News Logo Hillary Clinton, Bill Frist: Reauthorize children’s health insurance program