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California bill would create health care price controls
Technology
Published in 10-4-2018
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SACRAMENTO, Calif. (AP) California's government would set prices for hospital stays, doctor visits and other health care services under legislation introduced Monday, vastly remaking the industry in a bid to lower health care costs. The proposal, which drew swift opposition from the health care industry, comes amid a fierce debate in California as activists on the left push aggressively for a system that would provide government-funded insurance for everyone in the state. Across the country, rising health care costs have put the industry, lawmaker and employers and consumers at odds. The proposal in California would affect private health plans, including those offered by employers and purchased by individuals.
Reference: www.chron.com