Single-payer healthcare could cost $400 billion to implement in California - News Summed Up

Single-payer healthcare could cost $400 billion to implement in California


Supporters of single-payer healthcare march to the Capitol in Sacramento on April 26. A single-payer healthcare system in California — a galvanizing cause among the state's progressive flank — would cost $400 billion annually, according to a legislative analysis released on Monday. The analysis found that the proposal would require:A total cost of $400 billion per year to cover all healthcare and administrative costs. Of that, $200 billion of existing federal, state and local funds could be repurposed to go toward the single-payer system. Ricardo Lara (D-Bell Gardens) and Toni Atkins (D-San Diego), would required "unprecedented changes to a mature healthcare system."


Source: Los Angeles Times May 22, 2017 18:22 UTC



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