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Ambitious California bill would put the state in charge of prices in the healthcare market (tr)
The Los Angeles Times ^ | April 9, 2018 | By MELANIE MASON

Posted on 04/09/2018 12:30:31 PM PDT by Oldeconomybuyer

In one of the most aggressive efforts in the nation to curb soaring healthcare spending, a new California measure would put the state in charge of setting prices for hospital stays, doctor's visits and most other medical services covered by commercial insurers.

The bill, backed by labor unions and consumer groups, is certain to rouse fierce opposition from physicians and hospitals, setting the stage for a brawl between some of the Capitol's top lobbying heavyweights. Proponents also face friction on the left from advocates of single-payer healthcare, who espouse an alternate vision of how to overhaul the state's healthcare.

Despite the political hurdles, an effort to rein in prices is tantalizing for policymakers, as healthcare costs gobble up more of state budgets, employers' bottom lines and workers' paychecks.

"It's quite bold," said Kristof Stremikis, director of market analysis with the nonprofit California Health Care Foundation. "I'm not surprised that a proposal like this has been put forward. I don't think many people would disagree with the assertion that healthcare costs in the state are far too high."

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: California
KEYWORDS: biggovernment; california; healthinsurance; socialism
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To: Oldeconomybuyer

Bump


41 posted on 04/09/2018 3:56:25 PM PDT by lowbridge
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To: WayneS

You get Affirmative Action doctors and nurses.


42 posted on 04/09/2018 4:13:32 PM PDT by technically right
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To: Oldeconomybuyer

will they call it the NAZI plan? NAZI stood for National Socialist...


43 posted on 04/10/2018 6:58:43 AM PDT by buffyt (Ding dong the Austin bomber’s dead! He’s gone where goblins go, below below below below!)
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To: Oldeconomybuyer

I have three letters for CA: N.H.S.


44 posted on 04/10/2018 7:03:59 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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