California Democrat lawmakers are pushing a bill to increase the tax on Medi-Cal managed care plans by another $1.5 billion, to fund the state share of cost in the Medi-Cal program. Or so we are told. While this appears to be in-the-weeds legislative lingo, it also appears to be a money grab to help Gov. Newsom shore up his $73 billion budget deficit… on the backs of the state’s poorest people, and physicians who can’t get full reimbursement for treating Medi-Cal patients.
This is what third world countries do when the results of Socialism or Communism come home to roost. All you need to know is this is money being taken out of your pockets to pay the governor’s bad debts. ---More...