Is California dreaming?
In California, a more widely publicized proposal of Gov. Arnold Schwarzenegger would tax employers 4 percent of payroll if they have more than 10 employees and dont provide medical coverage. The money would go into a state fund that would subsidize coverage for the working uninsured. Premiums would be calculated on an income-based sliding scale. If enacted, the plan would cover 6.5 million uninsured Californians. The California Chamber hasnt taken a formal position yet on the proposal, as we are awaiting further detail from an actual bill, said Vince Sollitto, a spokesman for the California Chamber of Commerce. Were still analyzing how the proposal will work and what its full effect will be on our states health care system and on businesses that provide health insurance. At this point, were concerned about its potential effects, especially whether new taxes on providers will be passed on to businesses, and whether it might create another under-funded government program, since the propo
