According to a new report from the Empire Center for New York State Policy, Medicaid spending on the elderly in New York between 1999 and 2004 rose 55 percent. The rate of increase in other states was just 9 percent.
At the end of the five year period, "New York's spending of $27,200 per elderly recipient was 142 percent more than the average for other states."
The report is part one of the ECNYSP's Medicaid In Depth series which states that New York could save nearly $5 billion by making elderly payouts comparable to those of other states. The elderly portion, which accounts for 7% of the state's medicaid population, currently receives 25% of all Medicaid benefits paid out.
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