Skip to main content

Then, bankruptcy! Puerto Rico, you'll have company, soon. 

"A California bill that would eliminate health insurance companies and provide government-funded health coverage for everyone in the state would cost $400 billion and require significant tax increases, legislative analysts said Monday.

Much of the cost would be offset by existing state, federal and private spending on health coverage, the analysis found, but total health care costs would increase by an estimated $50 billion to $100 billion a year.

That's a massive sum in a state where the entire general fund budget is $125 billion.

Sen. Ricardo Lara, D-Bell Gardens, said he'll propose a mechanism for raising the necessary tax revenue soon. The California Nurses Association, which is the driving force behind the bill, has commissioned a study to look at options.

The concept known as single-payer has energized liberals who are pushing Democratic lawmakers to approve the measure. The nursing union and other backers say eliminating insurance company profits and administrative costs would allow for more spending on patient care.

Employers, business groups and health plans warned that the tax increases would crush businesses and make it harder for them to expand their workforce in California.

"The impact on employers I think is going to be absolutely astounding," Sen. Jim Nielsen, R-Gerber, said in a Senate Appropriations Committee hearing on the bill Monday. "How can you possibly say this is going to be fiscally prudent for the state of California, not a burden for the state?"

SB562 would guarantee health coverage with no out-of-pocket costs for all California residents, including people living in the country illegally. The state would contract with hospitals, doctors and other health care providers and pay the bills for all residents similar to the way the federal government covers seniors through Medicare.

The measure envisions using all public money spent on health care — from Medicare, Medicaid, federal public health funds and "Obamacare" subsidies. That's enough to cover about half of the $400 billion cost, according to the legislative analysis.

The rest would come from higher taxes on businesses, residents or both. It would take a 15 percent payroll tax to raise enough money, the analysis said.

Two-thirds of the Assembly and Senate must approve the tax increases required to fund it. If it were to clear the Legislature and be signed by Democratic Gov. Jerry Brown, who has expressed skepticism, it would need cooperation from President Donald Trump's administration to waive rules about federal Medicare and Medicaid dollars."

UnicornSinglePayer 
 The downside for the rest of the US if Governor Moonbeam gets this passed isn't that illegals will flee to the rest of the US.  Its that Democrats will flee taking their parasitic virus with them.  The zombie virus that leaves a semblance of life, but destroys civilization. 
 

TRUTH -- THE NEW HATE SPEECH!

Attachments

Images (1)
  • UnicornSinglePayer
Original Post

Replies sorted oldest to newest

I suspect that every business that can move, will move before the Bolivarian Republic of Californication ever gets the system started. After everything gets repossessed, there should be some inexpensive real estate available soon. Texas will get a bit crowded though.

http://www.washingtontimes.com...ornias-high-taxes-a/

http://www.nationalreview.com/...lifornia-sarah-rumpf

Last edited by Stanky
It's what Memphis did, too stupid to run a school system, it
did make me wonder how it was done for the last 200 years,
but let not just the idiots but the liberal dems idiots and it didn't
take long until they said, we ain't doing it no more, yall do it,
the state is coming here. All the other cities in the county are
fine, so memfo sued to take over those schools, the idiots lost
which prevented ghost towns in Shelby co. The encroachment
is all around like a pack of dogs.
 
Diversity,, you must never believe it's a good thing, it kills.

Medical charges have got to be curbed in. 400 to 600 for a simple no treatment office call has got to be stopped. Yes, it happens at the Kirkland Clinic in Birmingham. Charging 700 dollars for a generic  medicine that was 7 dollars has got to be stopped. when the charges get controlled, one payer health care can start.

jtdavis posted:

Medical charges have got to be curbed in. 400 to 600 for a simple no treatment office call has got to be stopped. Yes, it happens at the Kirkland Clinic in Birmingham. Charging 700 dollars for a generic  medicine that was 7 dollars has got to be stopped. when the charges get controlled, one payer health care can start.

Stop your cry baby snotty face whining when voting the way you do
and said you would again. I don't care if it never changes for you,
crash and all ignorant naïve, gullible fools believing every word a
known liar tells you. Barry and the Clintons were planning to take
every dine you've saved and they told your white azz more than
once. Where did all this white hate come from, you think you aren't
included.?

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×