Tuesday, March 7, 2017

California's worldwide free health care

CalWatch: Critics of a “Medicare for all” system cite heavy costs associated with an overhaul, as health care expenditures in California totaled $367.5 billion in 2016, making it the state’s largest industry. Furthermore, with undocumented immigrants being covered, those costs would substantially increase. As the Los Angeles Times explained, employees and their employers would face increased taxes and those revenues would be combined with the funds used for Medicare and Medicaid.While at this point specifics appear light, it’s important to note that California currently relies on about $22 billion in federal funding every year to cover insurance subsidies.
It will be a disaster, bet on it. 

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