Although the unemployment rate in New York dropped 0.6% from 8.6% in July 2010 to 8.0% in July 2011 (New York State Department of Labor, 2011), this figure is still considered high. In general, the money used in maintaining the quality of health care services in the market usually comes from the collected taxes. If the aging population in New York exceeds the young generation (below 5 y/o), it means that the state is at risk of facing serious problems with regards to the sources of health care funding 20 years from now. Based on the demographic profile of New York, the majority with 58% of its population belongs to the age bracket of 18 – 64 year old whereas only 23% of its population today will be ready to join the NY workforce. Say 10 – 20 years from now, the number of elderly individuals in New York will significantly increase. Thus, increasing demand for health care services. Given the potential limited sources of funding, the demographic profile of New York strongly suggests that its government officials need to start finding a solution to this problem. Through Medicaid expansion, President Obama signed a legislation back on the 23rd of March 2010 which clearly states the need to change the nation’s health care system which could make it easier for more than 10 million Americans to have a ready access to medical insurance. Under the said legislation, Medicare will give seniors the benefit to having free preventive care, post-hospital care, tax-free health savings account, and rebates to consumers starting on 2012.