Wednesday, February 13, 2013

Elias: Obamacare improves California's budget health

Ventura County Star
It’s hard to find any government program that helps both the physical and financial health of many Californians and also fattens the state’s own coffers. But a new study from UC Berkeley indicates that’s how parts of the federal Affordable Health Care Act may play out, despite all its vocal detractors. The controversial law, shunned by governors and legislators in most of the 23 states where Republicans enjoy full control, already has seen more than 450,000 young adults in California gain insurance coverage and state residents on Medicare save upward of $600 million on prescription drugs, compared to what they paid in 2009-10.