SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brumar89 who wrote (1002670)2/27/2017 2:34:11 PM
From: Brumar89  Read Replies (2) of 1574683
 
California to consider going rogue with state single-payer system

By KEITH KOFFLER • 2/26/17 4:48 PM

With congressional Republicans working to end Obamacare, California will consider going it alone and instituting a statewide single-payer health insurance system.

State Sen. Ricardo Lara introduced a bill Friday that would make California the first state to adopt a single-payer system, according to the Los Angeles Times.

Single-payer bills made it through the state's legislature in 2006 and 2008 but were vetoed by then-Gov. Arnold Schwarzenegger. Under such a system, the government essentially becomes the health insurer, sidelining private insurance companies and dictating coverage.

"More than ever, we know that universal healthcare is popular in the minds of Californians," Lara told the Times.

Stay abreast of the latest developments from nation's capital and beyond with curated News Alerts from the Washington Examiner news desk and delivered to your inbox.

Nevertheless, the plan would be hugely expensive. A 2008 study showed that even with a tax on Californians and steps to pool healthcare funds, the state would still be $40 billion short.

"Where were they going to come up with the $40 billion?" Micah Weinberg, president of the Economic Institute at the Bay Area Council, told the Times. "It's just not feasible to do as a state."

washingtonexaminer.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News