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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.
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