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The Next Single-Payer Failure

At the moment, California is considering the possibility of implementing a single-payer healthcare system. SB 562, the Healthy California Act, would essentially expand Medicare coverage so that it covered every person in the state of California. Having been approved by the Senate, the bill now goes to the state Assembly where it has a chance of passing. However, if it does pass, it would be a massive problem for the state as it would face significant increased state spending, higher taxes, and decreased quality of health care.