News from: CalChamber
A proposal moving its way through the Legislature seeks to eliminate Medicare in California and pave the way for massive tax increases on California workers and employers.
SB 770 would create a workgroup to petition the federal government to redirect hundreds of billions of dollars in annual Medicare and Medicaid funding that currently flows to California to a new health care system known as “single payer” instead.
In doing so, SB 770 would set in motion a complicated scheme envisioned by its proponents that would result in the elimination of Medicare and all private health coverage in California, replace it with a costly, untested health system run by state government, and require the largest tax increase in state history.