California Looks at $400 Billion (with a B) Single-Payer Bill

California Looks at $400 Billion (with a B) Single-Payer Bill

Some California legislators are hoping to push through a single-payer healthcare bill that would cost the state an estimated $400 billion—more than the entire national budget of Honduras (and 116 more countries across the globe). If passed, the bill would in effect eliminate health insurance companies there and provide government-funded health coverage for all residents. If it needs to be said, funding the plan would require “significant tax increases,” according to legislative analysts. On the …

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