Cost of Providing Care Receives 3% increase (beginning in January) in Budget
By editor | Published: July 29, 2009
The Legislature and Governor included in their final budget, to be voted on by the end of June, a 3% increase beginning in January 2008 for community providers, which is in effect a 1.5% increase. This increase is appreciated given that the Governorn’s proposed budget had proposed 2% beginning in Janaury, which in effect was a 1% increase. However, the increase is not enough. Providers have seen substantial increases in fuel costs, health insurance, workers compensation, and other costs of doing business. Providers are asking for an annualized cost of providing care increase using the Consumer Price Index for Northeast Urban Wage workers. This year’s increase using the index is 4.1%
More than 1,000 people came to the State House on May 31st to let the Governor and the Legislature know that community providers needed a 4.1% increase in the budget for their contracts. Keep up the advocacy on the Cost of Providing Care with your Legislators.
The Cost of Providing Care Coalition has compiled data from a state-wide survey on the need for a Cost of Providing Care increase. For information on the survey click Data on the Cost of Providing Care.
The Cost of Providing Care Coalition has developed charts showing the actual cost of providing care increases for providers since Fiscal Year 1996 and the Consumer Price Index (CPI) for Urban Workers in the North East along with what the Cost of Providing Care increase would have been if A 1996, a bill requiring that the Governor’s budget include a Cost of Providing Care increase was enacted. For the table click Table on the Consumer Price Index and the Cost of Providing Care.
Cost of Providing Care Receives 3% increase (beginning in January) in Budget
The Legislature and Governor included in their final budget, to be voted on by the end of June, a 3% increase beginning in January 2008 for community providers, which is in effect a 1.5% increase. This increase is appreciated given that the Governorn’s proposed budget had proposed 2% beginning in Janaury, which in effect was a 1% increase. However, the increase is not enough. Providers have seen substantial increases in fuel costs, health insurance, workers compensation, and other costs of doing business. Providers are asking for an annualized cost of providing care increase using the Consumer Price Index for Northeast Urban Wage workers. This year’s increase using the index is 4.1%
More than 1,000 people came to the State House on May 31st to let the Governor and the Legislature know that community providers needed a 4.1% increase in the budget for their contracts. Keep up the advocacy on the Cost of Providing Care with your Legislators.
The Cost of Providing Care Coalition has compiled data from a state-wide survey on the need for a Cost of Providing Care increase. For information on the survey click Data on the Cost of Providing Care.
The Cost of Providing Care Coalition has developed charts showing the actual cost of providing care increases for providers since Fiscal Year 1996 and the Consumer Price Index (CPI) for Urban Workers in the North East along with what the Cost of Providing Care increase would have been if A 1996, a bill requiring that the Governor’s budget include a Cost of Providing Care increase was enacted. For the table click Table on the Consumer Price Index and the Cost of Providing Care.