No on SB 525 – Protecting Access to Health Care in California

No on SB 525 – Protecting Access to Health Care in California
May 15, 2023 No Comments The Latest Katie Kerner

A new economic analysis found that Senate Bill 525, the health care worker pay measure, would increase costs for public and private health care providers by $8 billion annually. The amount will increase every year, growing to more than $11.3 billion by 2030. The report found that SB 525 would increase costs to state and local governments by $4.8 billion each year. The report was compiled by California’s former Director of the Department of Finance and the former Chief Economist for the California State Legislative Analyst’s Office.

“Health care providers go to great lengths to support and reward workers, but SB 525 is a massive $8 billion increase in health care costs we simply cannot afford,” said Cathy Martin, Chief Executive Officer, Association of California Healthcare Districts. “Cost increases of this magnitude on an already fragile health care system will lead to cuts and closure of services, health care worker job losses, and massive cost increases for consumers and state and local governments.” Read more here.
About The Author

Leave a reply