• About us
  • Guest Posts
  • Advertise with us
  • Contact us
Magazine
  • Home
  • Industry Insider
    • Automobile
    • Healthcare
    • Education
    • Banking & Finance
    • Real Estate
    • Media & Entertainment
  • Magazines
  • Womens Era
  • Tycoons Diary
  • Blogs
  • Press Release
No Result
View All Result
Tycoon Success
  • Home
  • Industry Insider
    • Automobile
    • Healthcare
    • Education
    • Banking & Finance
    • Real Estate
    • Media & Entertainment
  • Magazines
  • Womens Era
  • Tycoons Diary
  • Blogs
  • Press Release
No Result
View All Result
Tycoon Success
No Result
View All Result

Billionaire Punjabi Brothers Resigned From Fort is Healthcare Board

Senate Bagged Healthcare aid for Marshallesa

Healthcare Groups Refined the Single-payer System in California

The focus of the testimony was SB 562, a single-payer bill that was approved last year but then shelved. The bill would establish a system by which the state would pay for all healthcare and essentially cut out insurance companies. Taxes would increase, but supporters maintained that would be offset by the elimination of insurance premiums, copays and other costs.

There are some legal hurdles that would make switching to a single-payer system difficult, according to a report from local public news outlet KPCC. The rules that govern the Affordable Care Act, for example, are all federal, so any changes would require negotiation with the U.S. Department of Health and Human Services.

California’s Medicaid program, Medi-Cal, relies on both state and federal funding, and the feds have the final say. Plus, there’s Medicare: It’s a federal program, so California can’t make changes to eligibility, financing or benefits without a thumbs-up from Washington.

There are also a couple of state laws that would make things thorny — such as Prop 4, a 1979 law that limits how much tax money the state can keep. Above a certain threshold, funds have to be returned to taxpayers, and it would require an amendment to the law to make healthcare exempt.

Supporters of the bill, including the California Physicians Alliance, say it would be worth the effort. One of those supporters, economist Robert Pollin of the University of Massachusetts Amherst, told the committee Wednesday that the state would have to raise about $100 million in additional funds to cover the cost of single-payer, but that most in the state would end up paying less for healthcare because insurance-related expenses would be eliminated.

Other supporters include Health Access California, the California Immigrant Policy Center, Small Business Majority and the California Labor Federation.
Opponents of the bill — including the California Chamber of Commerce and the California Medical Association — say there’s no responsible way to pay for a single-payer system.

The committee is expected to produce a report by this spring with recommendations on how to proceed.

Previous Post

Billionaire Punjabi Brothers Resigned From Fort is Healthcare Board

Next Post

Senate Bagged Healthcare aid for Marshallesa

Company Info

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Condition

Our Services

  • Advertise with us
  • Guest Posts
  • Magazines
  • Press Release
  • Shahar Peled | CEO | Jit.io | Tycoon Success Magazine | Passionate And Impactful Personalities
  • Mohammad A. Baker | Deputy Chairman and CEO | GMG | Tycoon Success Magazine
  • Clifford Thomas Rowley | CEO | HydraPatch®| Tycoon Suceess Magazine
  • Axel D’Addario | Chief Strategy Officer | HydraPatch | Tycoon Success Magazine
Tweets by tycoonsuccess

Tycoon Success, a renowned US media and information platform aims to promote a culture cementing entrepreneurial activities and modern business ideas windows to exchange of views, opinions, and concepts; it has an incubator orchestration that drives growth.

+1 (727) 607-0789
info@tycoonsuccess.com
Subscribe

© Copyright 2025, Tycoon Success | All Rights Reserved.

  • Home
  • Industry Insider
    • Automobile
    • Healthcare
    • Education
    • Banking & Finance
    • Real Estate
    • Media & Entertainment
  • Magazines
  • Womens Era
  • Tycoons Diary
  • Blogs
  • Press Release