Newsom Proposes Penalty To Fund Health Insurance Subsidies
By Samantha Young and Ana B. Ibarra
Gov. Gavin Newsom wants to help an estimated 850,000 Californians pay their health insurance premiums and would fund his plan with a tax penalty on people who don’t have coverage. If he succeeds, California would be the first state to subsidize middle-income people who make too much to qualify for federal financial aid.