So the government is a bank. Jeez, banks can’t even make it, how’s the government going to do something they know zero about? (Rhetorical question. I know the answer..) Ca residents are suckers.
Here on the Central California coast my local hospital went bankrupt. 85% of the births at the hospital were MediCal covered. An additional percentage didn’t even qualify for MediCal because of there being such a short period of time between arriving at the hospital and illegally crossing the border. Lots of homeless arriving at the emergency room due to fentanyl overdoses. Then they cost shift all of this as much as possible to those of us with private insurance or paying cash.
“So the government is a bank”
In how they want to run this program...no.
The bank would never establish a gift of money to a business whose only by product is their constituents health. (A no interest loan for an undetermined amount) And with the need to pay back this loan, they will now have an operations overhead that broke them the first time and a bill to the state for money they won’t be able to recoup at current prices with a history of short sided bills. Plus, as has been previously mentioned, are they going to be able to service those that can’t pay at all that sit in the ER all day?
This is a losing (pandering) situation. All they are doing is spreading the wealth of the rich, who can mostly afford it, and the middle class, who mostly can’t, to the penniless that can’t barely eat, to get votes.
wy69
“So the government is a bank”
In how they want to run this program...no.
The bank would never establish a gift of money to a business whose only by product is their constituents health. (A no interest loan for an undetermined amount) And with the need to pay back this loan, they will now have an operations overhead that broke them the first time and a bill to the state for money they won’t be able to recoup at current prices with a history of short sided bills. Plus, as has been previously mentioned, are they going to be able to service those that can’t pay at all that sit in the ER all day?
This is a losing (pandering) situation. All they are doing is spreading the wealth of the rich, who can mostly afford it, and the middle class, who mostly can’t, to the penniless that can’t barely eat, to get votes.
wy69