Single Payer is on its way in California

[SHRED]

California Senate Bill SB-562 continues to make headway.
Here are some of its highlights for Californians and at reduced costs to both us citizens and businesses.

Key features of SB 562 include:

Every Californian eligible to enroll, regardless of age, income, employment or other status.

No out of pocket costs, such as high deductibles and co-pays, for covered health services.

Comprehensive coverage, including hospital and outpatient medical care, primary and preventive care, vision, dental, hearing, women’s reproductive health services, mental health, lab tests, rehab and other basic medical needs.

Lower prescription drug costs.

Long term care services provided under Medi-Cal continue, and will be expanded with an emphasis on community and in-home care.

No narrow insurance networks, one medical card, real patient choice of provider.

No insurance claims denials based on corporate profit goals.

http://www.healthycaliforniaact.org/home/

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[Tiggeroshii]

1. It's already getting hammered in the press

"Hundred billion dollars in taxpayer money"

And Brown is at best, iffy, in signing the bill.

[SHRED]

2. So they are lying to protect their advertisers

No surprise there.

And Brown can be pressured.

[SHRED]

3. This from an economic study

JEL CODES: I11, I13, I14, H71
ABSTRACT: The State of California is considering a bill to create a statewide single-payer health care system. This study provides an economic analysis of the proposed measure, The Healthy California Act (SB-562). The study includes four major sections: 1) Cost Estimate of Universal Health Care Coverage in California; 2) Cost Saving Potential under Healthy California; 3) Financing Healthy California; and 4) Impact on Individual California Families and Businesses. The primary goal of Healthy California is to provide high-quality health care to all California residents, including those who are presently either uninsured or underinsured. The study finds that the providing full universal coverage would increase overall system costs by about 10 percent, but that the single payer system could produce savings of about 18 percent. The study thus finds that the proposed single-payer system could provide decent health care for all California residents while still reducing net overall costs by about 8 percent relative to the existing system. We propose two new taxes to generate the revenue required to offset the loss of private insurance spending: a gross receipts tax of 2.3 percent and a sales tax of 2.3 percent, along with exemptions and tax credits for small business owners and low-income families to promote tax-burden equity. Within this proposed tax framework, Healthy California can achieve both lower costs and greater equity in the provision of health care in California for both families and businesses of all sizes. Thus, net health care spending for middle-income families will fall by between 2.6 – 9.1 percent of income. Small firms that have been providing private health care coverage for their workers will experience a 22 percent decline in their health-care costs as a share of payroll. The small firms that have not provided coverage will still make zero payments for health care under Healthy California through their gross receipts tax exemption. Medium-sized firms will see their health care costs fall by between 6.8 and 13.4 percent as a share of payroll relative to the existing system. Firms with up to 500 employees will experience a 5.7 percent fall, and the largest firms, with over 500 employees, will experience a 0.6 percent fall as a share of payroll relative to the existing system.


http://www.healthycaliforniaact.org/wp-content/uploads/Pollin-Economic-Analysis-SB-562.pdf

http://www.healthycaliforniaact.org/new-findings-sb-562-would-cut-state-spending-on-healthcare-by-18-percent/

[stuffmatters]

4. Excellent but expect deluge from Ca tax cheat mega corps esp Silicon Valley over 2.5 receipt tax

These mega corp tax cheats are going to go ballistic,flood our airways and push "their" legislators just like they've done over the medical device tax. The idea that they willneed to contribute by an automatic tax levy of 2.5% on their gross receipts is going to drive them crazy.

I did the math the other day. Ca, both houses, are over 2/3 Democrats, so this can pass that needed amount if the Dems stick to the program and do not fold to their corporate donors. Fingers crossed..

[SHRED]

5. Fingers crossed with you!