In 2020, none of the Health Forward Foundation’s assets were managed by Black, Latina, or Latino managers. Struck by that stark reality, Health Forward began the process of diversifying the asset managers in its investment portfolio as part of a larger strategy to align the Foundation’s capital with its purpose.
New York State Foundations Working Together to Preserve Health Insurance Coverage for Millions of New Yorkers
In March 2020, the United States declared a public health emergency and enacted historic COVID-19 relief legislation. It increased Medicaid funding to states contingent on several conditions, including a “continuous enrollment” requirement that prohibited states from terminating Medicaid enrollees’ coverage until after the public health emergency had ended. How well this worked is a rare silver lining of the pandemic: an estimated 20.2 million people gained coverage since March 2020, and the uninsured rate dropped across the country.
Before the COVID-19 pandemic, a mental health crisis was growing in America, with 1 in 10 adults reporting symptoms of anxiety or depression. Today, that number is 3 in 10. The recently launched 988 hotline—the mental health equivalent and alternative to 911—is a monumental step forward in changing how we acknowledge and respond to mental health needs nationally. It finally puts mental health on equal ground with physical health—a recognition long overdue—but it is only a first step in addressing the multitude of behavioral health needs.