Blue Cross

Health Insurers Lose Silent Round In Medi-Cal Deal

California taxpayers dodged a bullet yesterday with the passage of a high-stakes bill to help fund Medi-Cal.

Legislative Democrats and nearly a dozen Republicans approved a plan to trade existing taxes for a new tax on insurers to raise more than $1 billion in needed health care funding and preserve federal Medi-Cal matching funds.

Billion Dollar Plus Valentine’s Day Gift for CA Health Plans Greases MCO Tax Legislation?

Legislation that first appeared little more than one week ago, which is moving so fast it could be law this week, could give California’s health insurance companies one of the largest tax giveaways of the century.  

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