Insurers Offer Support For Brown’s Health Plan Tax Proposal
To net the backing from the industry, Gov. Jerry Brown agreed to eliminate other taxes that insurance companies pay.
Capital Public Radio:
Insurance Industry Backs Brown's Tax On California Health Plans
Support is growing for Gov. Jerry Brown’s proposal to restructure California’s tax on health insurance plans. A key interest group is backing the tax – and some Republicans are hinting that they might too. The federal government says California must overhaul its managed care organization (MCO) tax to avoid losing $1 billion for Medi-Cal, the state’s health care program for the poor. (Adler, 2/10)
The Associated Press:
Insurers Back Proposed California Health Plan Tax
Most of California's health insurance companies said Wednesday they're supporting Gov. Jerry Brown's plan to restructure a tax on health plans. As the administration worked to line up votes, state Assembly and Senate committees heard a generally supportive message from the industry that would pay the tax. Support from insurers, and their assurance that premiums won't rise, is critical to winning support from the needed two-thirds of lawmakers. (Cooper, 2/11)