California Advances Single-Payer Health Care Bill Amid Financial Concerns
The controversial AB 2200 bill progresses in the California legislature, facing significant fiscal and political hurdles.
- AB 2200, proposing a single-payer system called CalCare, has passed the Assembly Health Committee and now moves to the Appropriations Committee.
- The bill, estimated to cost between $314 billion and $391 billion annually, faces opposition due to its high financial burden and impact on existing healthcare structures.
- Governor Gavin Newsom has shown limited interest in the plan, which has previously failed to pass due to similar concerns.
- Supporters argue the bill will provide universal healthcare coverage, reducing overall costs and improving access.
- Critics warn of potential economic downsides, including job losses and reduced household incomes, as well as long wait times for medical care.