New York’s Governor Cuomo extracts $3 billion for state from Catholic charity
April 10, 2018
» Continue to this story on Wall Street Journal
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.”
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