The California Senate recently voted to pass a bill that would establish a single-payer healthcare system for the entire state. The proposal, called the Healthy California Act, will now be taken up by the state Assembly. Under Healthy California, all residents would be entitled to decent healthcare without having to pay premiums, deductibles or copays. But as critics of the bill have pointed out, a crucial question remains: Is Healthy California economically viable? Enacting Healthy California would entail an overhaul of the state’s existing healthcare system, which now constitutes about 14% of California’s GDP.

Source: Los Angeles Times June 21, 2017 11:04 UTC