Posts Tagged: reserves
Gov. Gavin Newsom at a March 4 press briefing on the coronavirus pandemic. (Photo: Rich Pedroncelli, AP)
This was supposed to be a big health care year for California. Democratic Gov. Gavin Newsom in January unveiled ambitious proposals to help him achieve his goal of getting every Californian health care coverage. Though it was far less than the single-payer promise Newsom had made on the gubernatorial campaign trail, his plans, if adopted, would have expanded the health care system as no other state has.
Lisa Zeelander, a medical doctor at Valley Community Healthcare in North Hollywood, examines patient Pamela Richardson, 60, on Wednesday, Dec. 21, 2016. (Photo: Heidi de Marco/KHN)
It’s been nearly two weeks since a crucial deadline passed to continue funding for community health centers, the nonprofit facilities that deliver care to the poor and uninsured in California and across the country. Congress is still squabbling over the details, advocates are still scrambling to get the funding renewed and the centers are starting to plan for the bottom line.
A health care professional tallies the cost of a patient's care. (Photo: Monika Wisniewska)
Not long ago, I had dinner with a group of friends from college. One of the big topics of conversation was Medicare, for which we’ll all be eligible in the next several years. (Farewell, callow youth!) And one of the biggest questions about Medicare was, “How much is it going to cost me?” Like private health insurance, Medicare has premiums, deductibles, and co-pays. These costs can – and often do – change from year to year. What you actually pay depends on your work history, income, and inflation.
A free health and dental clinic. (Photo: Joseph Sohm)
Covered California, the first and largest state-sanctioned health insurance exchange created through the Affordable Care Act, is going to start the new fiscal year with less money. A combination of lackluster enrollment and the loss of some federal funds that helped sustain it through its start-up period are partly the reason, said Peter Lee, Covered California’s executive director.
Pumpjacks in a Kern County oil field, November 2013. (Photo: Christopher Halloran)
Oil and water don’t mix, but in Kern County they’ve joined to create a double-whammy. Already confronting a drought of historic proportions, Kern County — the nation’s No. 2 agricultural county — also faces a severe financial hit because of falling oil prices. The county is home to more than two-thirds of California’s oil production.
“The LAO says the state is flush with cash and multibillion-dollar reserves loom in coming years. How should we spend the money?”