Posts Tagged: payments
Carmela Coyle, incoming president of the California Hospital Association. (Photo: CHA)<
Carmela Coyle is the incoming president of the California Hospital Association, a major player in the state’s intensifying debate over health care. Capitol Weekly caught up with Coyle recently in the midst of her hectic schedule relocating to Sacramento from Maryland.
U.S. Sen. Lindsay Graham, R-South Carolina, following the defeat of the failed effort mounted by him and Republican Sen. Bill Cassidy of Louisiana, to repeal Obamacare. (Image: CNN screen capture, via YouTube)
In California, people shopping for 2018 coverage in the state’s exchange, Covered California, will still have the full three months they’ve had in recent years, starting on Nov. 1 and ending Jan. 31. And the state Legislature last week passed a bill, currently awaiting the signature of Gov. Jerry Brown, that would ensure a three-month enrollment window for consumers seeking coverage in 2019 and beyond.
CalPERS' governing board during a 2013 meeting. (Photo: CalPERS board)
Calpensions: New annual CalPERS reports no longer prominently display the pension debt of local governments as a percentage of pay, making it more difficult for the public to easily see the full employer pension cost.
A nurse pushes a gurney along a hospital corridor. (Photo: Spotmatik Ltd., via Shutterstock)
Major surgery or a stay in the hospital can be stressful enough, even when you have insurance. But Californians with health care coverage who seek treatment at a clinic or hospital that is in their insurance plan’s network must often also deal with the anguish caused by huge unexpected costs.
Bankrupt San Bernardino announced an agreement with CalPERS last week to pay off an unprecedented pension debt owed for skipping payments to the pension fund for a year — $13.5 million, plus several million more in penalties and interest. Details of the agreement reached in closed mediation were not released. But the city said in a court filing the CalPERS agreement “will help form the basis” for a debt-cutting plan needed to exit bankruptcy.
Lawmakers who seek or receive bribes face a boosted level of fines and penalties, under a plan that is getting renewed attention because of the scandals rocking the Senate. The proposal by Assemblywoman Cristina Garcia, a Bell Gardens Democrat, also bars the use of campaign funds to pay restitution fines in bribery convictions.
Pfeiffer Beach at the mouth of the Big Sur River in Pfeiffer Big Sur State Park. View looking upriver from the beach, with Cupressus macrocarpa trees. Photo: Wikimedia Commons
Decades ago, California began taking over the management of thousands of acres of rural wildlands in dozens of counties across the state. But over the years a problem arose: With the state in control, some counties were cut out of the money that they otherwise would have collected from property taxes. The state had promised to compensate the counties for the lost revenue by making payments in lieu of taxes.
The Vallejo city council last week voted to close a $5.2 million gap in the current budget, showing no alarm that in a five-year forecast the gap reopens, mainly driven by rising pension costs. Moody’s, a Wall Street credit rating agency, said earlier that Vallejo and two California cities currently in bankruptcy, Stockton and San Bernardino, risk returning to insolvency without pension relief.
CalPERS accuses San Bernardino of halting payments to the big pension fund in a plan to use bankruptcy to cut pensions owed workers. But the city says it’s simply unable to pay now and wants to work out a way to repay CalPERS over time.
A federal bankruptcy court in Riverside is scheduled tomorrow