Californians Support Healthcare Overhaul
The proposal of Gov. Schwarzenegger and Speaker of the Assembly Nuņez for healthcare legislation overhaul is supported by 64 percent of registered voters in the State of California according to the poll conducted by the San Jose Mercury News. The California General Assembly approved legislation that would require majority of state residents to secure health coverage. The bill would allow the government to subsidize residents whose income is up to 250 percent of the federal poverty level while residents with incomes up to 400 percent of the poverty level will receive tax credits that would ensure healthcare premium costs will not exceed 5.5 percent of their incomes. Low income earners will be exempted from the mandated coverage provided that 5 percent of their income will be spent on purchasing minimum coverage.
