A group of California legislators are pushing forward a bill, the Healthy California Act, which would create a single-payer healthcare system in the state.
Here are four insights into the bill
1. The bill would cost nearly $400 billion annually.
2. To offset a fraction of the bill's cost, almost $200 billion in existing federal, state and local funding may be available.
3. Officials said reduced healthcare coverage spending by employers and employees would offset these high costs.
4. Some of the bill's key provisions include:
● An appointed board to oversee the Healthy California Program
● Forbidding payers or healthcare service plans from offering coverage for any services offered through the Healthy California Program
● Making every state resident eligible for the program
For more on the bill's provisions, click here.