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Governor Andrew Cuomo Photo:  Mark Kurtz
Governor Andrew Cuomo Photo: Mark Kurtz

NY officials: Agreement for $8B Medicaid waiver

ALBANY, N.Y. (AP) Gov. Andrew Cuomo says that New York has reached an agreement with federal officials for a waiver allowing the state to reinvest $8 billion in Medicaid savings to support hospitals and improve health care.

Cuomo said earlier Thursday that without the federal money, the state would
have a health care crisis and hospitals would close, especially in Brooklyn.

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Sen. Chuck Schumer says the agreement isn't for everything New York asked for, but called it a generous amount. He says the money will help the state with budgetary challenges and hospital needs.

Cuomo says that the savings generated by the Medicaid Redesign Team would allow the state to increase access and improve the quality of care for New Yorkers.

(Copyright 2014 The Associated Press. All rights reserved)

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