California lawmakers re-introduced a bill proposal to activate the California universal healthcare and ban private healthcare treatment. Finance experts say this would cost $391 billion yearly.
California Universal Healthcare Proposal cost $100 billion more than the entire 2024-2025 state budget
California lawmakers re-introduced a bill proposal to activate the California universal healthcare that reduces the overall availability of healthcare as doctors flee to higher-paying states that allow private care.
Assemblymember Ash Kalra, D-San Jose presented the version of his 2023 California universal healthcare bill to create a single-payer healthcare system and ban private care. After passing the Assembly’s health and appropriations committees, AB 1400 was shelved by the Assembly Speaker due to a lack of a financing plan mechanism.
Kalra plans to pass the California universal healthcare bill will see how much the federal government would pay via Medicare and Medicaid contributions, then will ask for aid from the legislature for remaining funding. It is uncertain how to pay for the $300-500 billion California universal healthcare bill given the state’s projected $68 billion deficit this year on a $291.5 billion budget.
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Tax Foundation statement regarding the California universal healthcare
Tax Foundation said that the variation in the California universal healthcare bill will depend on whether the government will permit for use of Medicare and Medicaid funding towards the system.
With federal healthcare funding for California universal healthcare, the additional cost to state taxpayers would be $300 billion or $500 billion without federal funding.