Theres are two healthcare reform proposals going before senate here in California. First theres AB 8 which is relativly new. " The full program will expend $8.3 billion financed through a combination of employer contributions, employee contributions, state and federal funding. In total, the new system is expected to save $235 million in public expenditures and a total of $420 million while providing comprehensive coverage to 2/3rds of the state's uninsured." Senate Appropriations Commitee
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Then theres SB 840, which passed both houses on the California legislature though was vetoed by Arnold."The bill creates one plan and one public trust fund which pays all health care bills and collects all the monies already being spent on health care and insurance plans, which is called a "single payer" system. When enacted, SB 840 replaces all health premiums, taxes, deductibles and co-payments now paid by employers, employees and individuals with one affordable premium paid to the public trust fund to save $8 billion dollars in the first year alone and over $350 billion over a ten year period." George Savage Executive Director of One Care Now www.onecarenow.org |
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