The massive healthcare reform proposal that was brokered between Gov. Schwarzenegger and the California legislature has died in the Senate Health Committee, which voted overwhelmingly not to move the bill forward. Key reasons for the committee’s move included the state’s huge budget deficit and the lack of available funding for the bill’s provisions. The measure would have overhauled the state’s healthcare system by requiring all Californians to have health insurance coverage—and a hefty portion of the ambitious program’s funding would have come from employers.
Despite this setback, the governor has already announced that he plans to regroup and push through a healthcare reform measure. We’ll keep you posted.
Join us this fall in San Francisco for the California Employment Law Update conference, a 3-day event that will teach you everything you need to know about new laws and regulations, and your compliance obligations, for the year ahead—it’s one-stop shopping at its best.