Distribution of Health Insurance coverage in NY State vs. USA
Distribution of Health Insurance coverage in NY State vs. USA
Health Insurance NY state USA
Private 33% 34%
Medicare 20% 23%
Medicaid 27% 17%
Other 20% 26%
USA Medicaid spending is $575 Billion/year
Not counting admin cost, NY State Medicaid spending is $65 Billion/year only to be exceeded by CA $80 Billion. Per Medicaid person spending in NY State is $10500/year only to be exceeded by MA $11100/year, Nevada the lowest $4100/yr. while USA average is $5600/year. NY state Medicaid spending almost 2 times of the national average, hence VBP, P4P and Medicaid Redesign programs coming up.