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Q&A
Discussion on potential federal budget cuts and Medicaid impacts on NYC Health + Hospitals
2:32:37
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107 sec
Council Member Narcisse inquires about the potential impact of federal budget cuts on NYC Health + Hospitals (H+H), particularly concerning Medicaid funding. Director Jacques Jiha expresses significant concern about possible Medicaid cuts and their effect on H+H's budget.
- Federal funding makes up less than 0.5% of H+H's FY 2026 preliminary budget
- Medicaid cuts would have a severe impact on H+H's finances
- The city cannot backfill potential $10 billion federal funding cuts
Mercedes Narcisse
2:32:37
Federal funding make up less than half a percent of H and H fiscal twenty twenty six preliminary budget.
2:32:47
Despite the small percentage of the federal funding, does the administration foresee any financial challenges for H and H arising from potential federal budget cuts?
2:32:58
How would any reductions to Medicaid and federal dollars impact H and H's budget?
Jacques Jiha
2:33:07
Very concerned.
2:33:09
I mean Medicaid, know, cut to Medicaid would have a significant impact on H and H.
2:33:16
So we're working with, you know, continue to work with them and explore again opportunities and also see the challenges that they're dealing with, and how best they're dealing with those challenges, but again, it's as I said earlier, we cannot make a blanket statement about what we're going to do in certain circumstances.
2:33:41
We just have to review each case at a time because we don't want to give a signal that it's open season, you can't come and cut Medicaid, cut whatever, and then thinking that the city can backfill these things, because you're talking about significant amount of dollars, 10 billion we rely on the federal government.
2:34:00
So, city cannot backfill $10,000,000,000.
2:34:03
So therefore, the signal that we send is very important.
2:34:06
So, we're working with them, they know, they have their own plan, they develop, everybody's working on their own plan to deal with the challenge.
2:34:16
But, you know, you can imagine Medicaid cuts would have some serious impact on H and H.