With a budget surplus of more than $200 million, the California legislature is thinking big, really big, and that means one thing: single-payer government healthcare, which recently was introduced as AB 1400. Notes the Los Angeles Times : This measure … would completely change healthcare coverage for Californians. Insurance companies would be shoved aside. People would be switched from their current coverage—whether private, federal Medicare or Medi-Cal for the poor—to a new state-run plan called CalCare. The purpose is to cover everyone and reduce healthcare costs by eliminating private insurance overhead and profit—and negotiating lower provider fees and […]
Read the rest of this story here: mises.org
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