Over the years I have aligned myself with

The six largest insurers denied over 45. 7 million claims over the past nine

n Under constant GOP threat of being converted into a “per capita cap” or

SB 562 - Healthy CA “single payer” Rx ACA/CHIP/ Medi-Cal $ Other Federal &

Analysis Findings n Guaranteeing healthcare would cost $331 billion: – Would save California $37.

Breaking Down Costs n According to 2016 UCLA study, taxpayers already pay for 70%

Sales Tax n 2. 3% sales tax. – Low income individuals receive a 2%

Issues with SB 562 n Federal Waivers –Section 1332 n Prop 98 –Requires minimum

Fiscal Discipline? US spent $16 T to bail out banks in 2008. Just increased

Since 2010, the 24 members of the legislature’s health committees have received $4. 8

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Over the years, I have aligned myself with unpopular causes. I have worked to replace the worship of the market with concern for the common good, social justice, and tolerance. Over time, the American people generally do the right thing and I am confident they will see that national health insurance is no longer the best solution, it is the only solution.

The six largest insurers denied over 45. 7 million claims over the past nine years in CA alone.

4. 6 Million gained coverage due to ACA

BUT 250, 000 Uninsured Kids

n Under constant GOP threat of being converted into a “per capita cap” or “block grant” tied to standard inflation instead of medical inflation.

CA Physician reimbursement ranks 48 th

12. 5% average increase for 2018!

SB 562 - Healthy CA “single payer” Rx ACA/CHIP/ Medi-Cal $ Other Federal & State $ New revenue to replace insurance premiums $ Healthy California Trust Fund $$$ Healthcare Providers Integrated Health Systems

Analysis Findings n Guaranteeing healthcare would cost $331 billion: – Would save California $37. 5 billion – Covers every person living in California including current uninsured, under insured, and undocumented. – Provides more health services as well as dental and vision. n California would actually save 18% or $74 billion with a single payer system. – 13% in lower administrative costs – 5% Healthcare delivery savings

Breaking Down Costs n According to 2016 UCLA study, taxpayers already pay for 70% or $225 billion of all healthcare. n An additional $106 billion will provide healthcare for everyone in CA and with services current insurance does not. n $92. 6 billion can be raised through business and corporate tax (which would be in lieu of buying insurance). n $14. 3 billion total revenue from a 2. 3% sales tax: – Low income families would receive a 2% tax credit

Sales Tax n 2. 3% sales tax. – Low income individuals receive a 2% tax credit. n Some purchases that are currently taxable apply, with the exception of: § Groceries § Housing § Utilities

Issues with SB 562 n Federal Waivers –Section 1332 n Prop 98 –Requires minimum percentage be spent on K-12 education. Roughly 40% of state general fund. n Gann Amendment (1979) –Set maximum limit of tax-funded government services.

Woefully Incomplete?