New York governor announces $ 10 billion investment in state health workers
New York Governor Kathy Hochul on Jan.5 announced a multi-year investment of $ 10 billion in health care, including $ 4 billion in salaries and bonuses for health care workers.
The goal of the investment is to increase the state’s healthcare workforce by 20% over the next five years, according to a press release from the governor’s office.
Here is the detail of the investment:
- $ 2 billion for health care salaries
- $ 2 billion for retention bonuses for health and mental hygiene workers. Full-time workers who stay in their jobs for one year can receive up to $ 3,000 in bonuses, and those who work fewer hours can receive a pro-rated bonus.
- $ 500 million for cost of living adjustments
- $ 2 billion for health care infrastructure and improved laboratory capacity
- Additional investments in workforce and access to health care
Ms. Hochul is also creating a program to recruit more health workers in needed areas and increase access to health training and education.
The investment is supported by the Communications Workers of America, the New York State Nurses Association and the Public Employees Federation, according to a statement shared with Becker.
âWe commend Governor Hochul for recognizing that our frontline healthcare workers are in desperate need of additional resources as COVID-19 overwhelms our hospitals,â the statement said. “The governor’s pledge to invest $ 10 billion in higher wages, better hospital conditions and a stronger workforce is a huge step forward and essential to protect the health and safety of the public.”
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