Single payer, revived? California lawmakers to hold health care hearings this fall
Assembly Speaker
"It's not a question of debating whether we move toward health care for all -- it's a matter of choosing how best and how soon," Rendon said. "The committee's work will help fill the void of due diligence that should have been done on SB 562 or any universal health care bill that so profoundly affects so many Californians."
Leading the
SB 562, introduced by Sen.
Such a plan would almost certainly be paid for through new taxes, though advocates argue that the average Californian would come out ahead, as they would no longer need to pay premiums, deductibles and other out-of-pocket costs. A study commissioned by the nurses found that such a system could save tens of billions annually -- despite covering more people -- by eliminating advertising and profits of private insurance companies and giving the state greater bargaining power over the cost of prescription drugs.
In June, after Rendon announced that he supported the idea of single-payer health care but that the bill would not be moving through the Assembly, the fallout was dramatic. The lawmaker said he and his family received death threats on social media.
The nurses' union, which has vilified Rendon for his decision, reacted sharply to Thursday's announcement of the upcoming hearings.
"
Lara, who is running for insurance commissioner, said the select committee was key to "getting SB 562 back on track for debate in the Assembly."
"The conversations I have had with my friend Speaker
___
(c)2017 the Contra Costa Times (Walnut Creek, Calif.)
Visit the Contra Costa Times (Walnut Creek, Calif.) at www.eastbaytimes.com
Distributed by Tribune Content Agency, LLC.


Global Auto Insurance Market 2022 – Allianz, State Farm, Mercury, Geico, Erie Insurance Group
Sawgrass Mutual Agrees To ‘Wind Down’ Insurance Operations
Advisor News
- How advisors can help frugal retirees finally enjoy their savings
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
More Advisor NewsAnnuity News
- Jackson Announces New Annuity Offering for AARP Members
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
More Annuity NewsHealth/Employee Benefits News
- Gottheimer joins North Jersey families helped with military pension back pay, health insurance coverage, IRS refunds and more
- Mending Health moves into conservatorship as Oklahoma steps up oversight
- Genworth's McInerney to retire
- Genworth Financial's McInerney to retire
- Let’s stop being insurance salespeople
More Health/Employee Benefits NewsLife Insurance News
- MassMutual announces record $3.3 billion policyowner dividend for 2027
- Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
- Jackson Announces New Annuity Offering for AARP Members
- Open Enrollment Starts November 1: Tampa Broker Ryan Michalek Urges Families and the Self-Employed to Check 2027 Costs Before They Auto-Renew
- AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
More Life Insurance News