After more than a year, California’s politicians and health insurers have finally agreed to and passed last month what California Healthline calls a “tax hike in name only” to finance Medi-Cal. If only it were that simple. Funded jointly by the state and federal governments, Medi-Cal is the subject of perverse political incentives to hike taxes and spend more money on this welfare program, impoverishing treasuries. California and the nation need a new way to finance Medicaid.
Read the entire op-ed in the Orange County Register.