(Bloomberg) — New York Gov. Andrew Cuomo said his administration will help Puerto Rico find Medicaid and Medicare savings as the island seeks relief from its debt crisis.
The plan, announced during Cuomo’s two-day trip to the U.S. commonwealth that ends Tuesday, is meant to help Puerto Rico manage its costly health care programs. The governor said New York officials will also press the federal government to give Puerto Rico more equal treatment in health care funding compared with states.
“This trip is about fighting to achieve fairness and parity in Puerto Rico,” Cuomo said in an e-mailed statement. “New York and Puerto Rico have always shared a strong bond, and together we can make a difference in the lives of millions of people.”
New York is home to more than 700,000 Puerto Ricans, about twice as many as in San Juan. Cuomo was joined by New York City Council Speaker Melissa Mark-Viverito and state Attorney General Eric Schneiderman. The three Democrats are seeking to bolster their standing among New York’s increasingly powerful Puerto Rican community as the island struggles to meet the demands of bondholders.