New York Seeks Waiver to Reinvest Medicaid Savings

Yesterday, Gov. Cuomo submitted to the Center for Medicaid Services the much-anticipated MRT Medicaid waiver amendment that, if approved, will allow the state to reinvest Medicaid savings into new programs that are designed to reap more savings in the years to come.

The waiver amendment seeks to invest $10 billion over five years on 13 new programs, including primary care expansion, public health initiatives, workforce retraining, hospital restructuring, supportive housing, long term care transformation and capital funds to support safety net hospitals.

More more information can be found at the Medicaid Redesign Team’s website and from this Gannett news article.

-Jaime Venditti, 8/7/12