Quote:
Originally Posted by Phasad1913
I am so happy to hear about this. As others on this site who are in the legal profession will attest to, when California does something, most likely the remaining states will be soon to follow. I think its about time the country takes this step. It is so badly needed.
http://news.yahoo.com/s/ap/20070108/...ia_health_care
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The California concept is most interesting as a sort of "rich tax" - essentially taxing the upper tiers (doctors, insurance companies) to subsidize the lower classes. I'm not sure every state has the ability to follow through with such a plan, and really between the plans in place in MA and CA, you're seeing innovative solutions for health care that may not be universally applicable across other (poorer) states.
Remember that insurance is simply pooling risk - there's no 'magic' to where the money comes from . . . the estimated savings in this system will be fascinating to follow, to be honest.