Study: N.Y. Spends The Most For Average Quality Health Care
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A new study shows that New York is spending the most of any state on long-term health care but only getting average service.
The Nelson A. Rockefeller Institute of Government compared New York to 18 other states, and found demographics play a major role in health care spending.
According to the study, New York has a higher-than-average number of residents in the population who are 85 years old and up.
Researchers also say there is a higher poverty rate among the elderly and more people in nursing homes who rely on Medicaid.
New York spent an average of more than $5,000 per resident aged 65 and over for long term health care, about 2.5 times the national average.
The study also revealed New York spent $45 billion in Medicaid in 2006, compared to California's $34 billion.