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View Diary: California Senate Appropriations Committee approves California Universal Health Care Act (76 comments)

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  •  It's better than that. (6+ / 0-)

    You would contribute to the state-single-payer plan, on behalf of you and your employees. It should cost less, especially for small businesses. Blue Cross in California I think is Wellpoint. A publicly traded company.

    Here's how well their stock has done over the last 10 years or so compared to the S&P 500 and the DJIA

    The CEO got $4.45 million in salary last year. Officers and directors sold tens of million dollars in stock in the last year or two. You paid for that.

    •  tigger, you have a good grip on this (1+ / 0-)
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      bobinson

      would you look into and hopefully write a diary on the Path2Health program that just started 1/1/12 for poor people in several counties in calif.?

      I can't get anybody to talk abut it, I stumbled on the announcement in a paper, and haven't seen anything since, and have asked several times now.

      ..squinting all the while in the glare of a culture that radiates ultraviolet consumerism and infrared celebrity...Russell Brand

      by KenBee on Sat Jan 21, 2012 at 09:58:26 PM PST

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    •  This will make Calif. so darn competitive (2+ / 0-)
      Recommended by:
      tiggers thotful spot, wvmom

      You point out the main problem that drives up prices: executive pay.

      For the last 20 years we have been hearing about how it is cheaper for government to outsource rather than pay unionized government employees (IMHO, healthcare should be a government function). Remember the 600 page books that Republicans would hold up? They claimed these books were filled with regulations preventing bad government workers from getting fired. Plus they had to have all of the health and retirement benefits lumped onto union scale wages.

      None of that, even if it were true, would compare to the money being sucked out of the system by the 1%. No government employee is paid $4.45 million. Why? Probably because it says in the 600 page book that no one shall be paid more than they are worth. The executive pay and bonuses add up to unprofitability.

      That is why I pulled all of my money out of Wall Street and put it into Main Street. I employ somewhere around 30 people. I am a job creator but I am no millionaire. If I could afford better healthcare for my employees, I would buy it. I simply can't afford the CEO's extortion.

      Socks and sandals. Yeah, I wear 'em. They are comfortable and convenient. So, get off my case.

      by bobinson on Sat Jan 21, 2012 at 11:39:01 PM PST

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