Month: June 2022

These rebates are larger than those issued in most prior years, but they fall short of the record-high rebate amounts of 2020 and 2021.

A controversial push to restrict anti-competitive practices like consolidation in California’s health sector has cleared a major hurdle with its approval from the Assembly last week. Despite consistent disagreements over the bill’s provisions, the Assembly ultimately passed Assembly Bill 2080 with a 45-19 vote. It now needs to clear the Senate. Intended to combat the high health care ...

Since California expanded health coverage under the Affordable Care Act, a large number of people have been mistakenly bounced between Covered California, the state’s marketplace for those who buy their own insurance, and Medi-Cal, the state’s Medicaid program for low-income residents. Small income changes can cause people’s eligibility to shift, but when bad information is typed into ...

A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs. The annual Social Security and Medicare trustees report released Thursday says Social Security’s trust fund will be unable to pay ...

A bill that would provide a full sales and use tax exemption for purchases of manufacturing and research and development equipment up to $200 million was advanced by Assembly lawmakers. The bill, which passed the Assembly in a 74-0 vote, expands California’s existing partial sales and use tax exemption for manufacturing and research and development equipment to ...