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Council Member Salamanca opposes Resolution 822 on healthcare pricing
0:40:16
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55 sec
Council Member Rafael Salamanca, Jr. expresses his opposition to Resolution 822, the Fair Pricing Act, arguing that it threatens the financial sustainability of New York City's public hospitals. He explains that the act's approach to healthcare pricing is oversimplified and could undermine institutions working to improve healthcare access.
- Salamanca emphasizes that healthcare pricing is not one-size-fits-all and that Medicare and Medicaid reimbursement rates are insufficient.
- He points out that academic health systems providing high-value and community-based care would be negatively affected by the act.
- The council member concludes by stating he will vote against the resolution.
Rafael Salamanca, Jr.
0:40:16
I I'm speaking out against resolution eight two two, the fair pricing act which threatens the financial sustainability of healthcare systems such as New York City public hospitals such as Lincoln Hospital, Jacoby Hospital, Woodhall, Metropolitan, and many other hospitals in New York City.
0:40:34
You know, healthcare prices is not a one size fits all.
0:40:37
Medicare and Medicaid reimbursement rates fall short.
0:40:40
The academic health systems provide high value and community based care, which will be affected, and the fair pricing act seeks to set a standard price for low level care, but low level care is not low level care.
0:40:55
And it also puts hospitals which carry a regulatory burden, and for that reason the Fair Pricing Act may appear equitable on the surface, but it undermines the very institutions working to close healthcare gaps and expand access to healthcare, and that is why I will be voting no.