Last week, the Empire Center released a report that looks at the impact of the state’s move toward a $15 per hour minimum wage plan on the state’s Medicaid program. Citing the Comptroller’s report on the enacted state budget, the Empire Center finds that the 67% minimum wage increase will add $12.7 million to the state’s Medicaid spending in the 2017 fiscal year, and another $88 million in FY 2018.

During the debate over the state’s minimum wage, we warned that moving toward $15 per hour would have massive cost impacts for both private sector and public sector employees. Unfortunately, we can expect to see much the state and local governments to bear much higher costs for this in the future.