For more than a year, the state has grappled with how to overhaul a tax on healthcare plans. Now, as Gov. Jerry Brown’s proposal winds through the Legislature, there’s another question surfacing: What will the money be spent on?
The proposal got its first public hearing Wednesday. Legislators on the Assembly’s public health panel did not vote on the plan, but did hear a rundown of the complicated system of levies and tax breaks proposed to replace the state’s current tax on managed care organizations, which is set to expire in June. Read more.