Business Journal: Health Plan Leans On Business
Governor Schwarzenegger has released a 12 Billion dollar healthcare reform plan that would lean on business.
Monday, January 8, 2007
All individuals in California would be required to have health insurance, under the Governor’s plan … but those who couldn’t afford it would get help from the state. Employers with 10 or more employees would have to provide healthcare for their workers, or contribute 4 percent of payroll to a state insurance pool. Medical rates to doctors and hospitals would rise, to pull down more matching federal money. The plan doesn’t distinguish between legal and illegal residents. The governor pointed out that 20% of California’s population lacks insurance … and the rest are paying for it now, through higher rates.