California Governor’s Healthcare Proposal
December 29th 2007 03:14
California’s Governor Arnold Schwarzenegger healthcare proposal, recently passed in the California Assembly, requires all California residents to have a minimum level of health insurance coverage. State health care programs such as Medi-Cal and Healthy Programs will be expanded to cover low income residents, and financial assistance will be available to lower-income residents. Health insurance companies will be required to guarantee coverage regardless of pre-existing health conditions. Limits will be placed on how much companies can charge for coverage.
Critics doubt that California can afford to undertake Schwarzenegger’s proposal. Arnold King, adjunct scholar at the Cato Institute doubts California is a “good position” to be undertaking Schwarzenegger’s proposal. He points out that California is “Ground Zero for the coming collapse in housing market values. The state needs to be very sure that its fiscal house is in order[ Click here to read more ]
Critics doubt that California can afford to undertake Schwarzenegger’s proposal. Arnold King, adjunct scholar at the Cato Institute doubts California is a “good position” to be undertaking Schwarzenegger’s proposal. He points out that California is “Ground Zero for the coming collapse in housing market values. The state needs to be very sure that its fiscal house is in order
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