New York’s Governor Cuomo extracts $3 billion for state from Catholic charity
April 10, 2018
CWN Editor's Note: Governor Andrew Cuomo of New York has persuaded the administrators of Fidelis Care, a Catholic medical foundation, to contribute more than $3 billion to the state. The governor argued that Fidelis—which is being sold to Centene—owes that money to the state because the non-profit drew most of its income from state-subsidized insurance funds. “By that logic,” a Wall Street Journal analysis observes, “the state could skim the savings accounts of public employees when they retire.”The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.
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