SacBee-
The price tag is in: It would cost $400 billion to remake California’s health insurance marketplace and create a publicly funded universal heath care system, according to a state financial analysis released Monday.
California would have to find an additional $200 billion per year, including in new tax revenues, to create a so-called “single-payer” system, the analysis by the Senate Appropriations Committee found. The estimate assumes the state would retain the existing $200 billion in local, state and federal funding it currently receives to offset the total $400 billion price tag.
The cost analysis is seen as the biggest hurdle to creating a universal system, proposed by Sens. Ricardo Lara, D-Bell Gardens, and Toni Atkins, D-San Diego.
Lara and Atkins say they are driven by the belief that health care is a human right and should be guaranteed to everyone, similar to public services like safe roads and clean drinking water. They seek to rein in rising health care costs by lowering administrative expenses, reducing expensive emergency room visits, and eliminating insurance company profits and executive salaries.
In addition to covering undocumented people, Lara said the goal is to expand health access to people who, even with insurance, may skip doctor visits or stretch out medications due to high copays and deductibles.
“Doctors and hospitals would no longer need to negotiate rates and deal with insurance companies to seek reimbursement,” Lara said.
“It will cost employers and taxpayers billions of dollars and result in significant loss of jobs in the state,” the Chamber of Commerce said in its opposition letter.
!snip!
Math is not a leftist’s concern. Neither is science.
ht/ C. Steven Tucker
Go for it. Please.
If you need more money raise taxes. May I suggest a VAT
Like safe roads and clean drinking water? Car registration fees go towards the roads as do fuel taxes. Most places charge for water.
You do not have a right to the fruits of other people’s labor.
““Doctors and hospitals would no longer need to negotiate rates and deal with insurance companies to seek reimbursement,” Lara said.”
Yeah, no negotiated price because the price will be set so low no one will agree to provide service.
They had better get that high-speed train to Las Vegas built quickly, so people can get to their doctor appointments.
Raul Castro will no doubt offer his barefoot doctors at the agreed rate.
$12 grand per person? Sorry, forgot the illegals. $10 grand per person? That’s way, way more than it should be. As a 50 year-old I was paying $2,500 per year for insurance in CA – with a lower deductible! That would be just before 0bamacare kicked in, now it’s more than $5,000.
And of course leftist cost estimates for new programs are always off by at least 100%
If you like your California you can keep your California.
The once golden state is joining Europe as another place I’ll never return to.
At least it eliminates insurance agents
Oh, PLEASE California go for it. You’s suck free shitters out of every state in the west.
It isn’t a single payer plan.
It’s a 40,000,000 payer plan.
Toni Adkins is from San Diego and a real first rate imbecile.
Someone spiked the dome’s water supply with LSD.
ANd apparently the rest of the state as well.
Maybe ithat’s a good thing. A little acid might be the only way to enjoy this ride.
When they find out that they can’t pay for it, Gov Moonbeam will crawl to President Trump on his hands and knees then demand that the Fed Gov pay for it. That been his MO for awhile now.
If I get sick I’m going there and help collapse you son-of-a-bitch socialists.
When was the last time you saw a growing vibrant successful business wake up one day and say, “You know what, we would be so much better off with ONE paying customer. The rest can fuck off, we don’t need them.”
?? Said no successful entity ever.
That is about $11,400 per person (illegals included), or roughly 2.5x to 3x what it reasonably should be (based on the UK’s NHS costs).
Based on past experience with California, I’ll guess the excess funds will be used to hire utterly incompetent leftist DiVeRsItY hires at six-figure salaries.
Also, the third of the funds that are supposed to actually pay for health care will be diverted to pay for more free shit for illegal aliens.
Of course, it can’t possibly work with open borders.
If only there was some sort of architectural structure designed to exclude undesirables from a place . . . . like that a damn WALL we were promised.
Hell it doesn’t even have to be a successful entity. It could be the shittyist shit business ever, bleeding money like mad. Is the board of directors going be be like,
“Dude.. to many customers. We need just one.”
?
Cost is no object when it’s OPM.
@Uncle Al MAY 23, 2017:
“It isn’t a single payer plan.
It’s a 40,000,000 payer plan.”
Al, that’s the TOTAL population of CA. Probably less than 1/2 that number will be PAYING, the rest will be sucking.
Wages will be so low all the medical personnel will leave the state.
California is already 400 billion in debt
Northern California Sheriffs will not enforce anti Constitutional gun laws. Northern California Sheriffs will not abide by the sanctuary State law. I’m seeing a trend here. Cut us loose.
Anybody ask Nasty Pelosi what her
plan is? That ought to get some
good gibberish out of that monkey.
As long as Moonbeam can live his lavish lifestyle, he doesn’t care about reality. He will do the leftist thing until he can’t.
Maybe the billionaires there could pool their lunch money and cover the cost voluntarily!