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Published 10 days ago

New California rule aims to limit health care cost increases to 3% annually

  • California's health care cost cap, enforced with fines, stands out due to the large industry size compared to other states with similar measures.
  • California expanded health insurance access through subsidies for middle-income earners and free coverage for low-income adults, but has not pursued a single-payer system.
  • California's recent vote addressed the rising health care costs in the state, reaching $405 billion in 2020, with a significant increase in the number of workers facing high deductibles.
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