This week the Democrat-controlled legislature of the state of California passed a bill allocating $150 million dollars from which cash-strapped hospitals could obtain loans to help pay their bills.
The state will give out the $150 million in the form of interest-free loans to nonprofit or public hospitals that meet certain conditions. The state will prioritize loans for medical centers in rural areas and those that have a disproportionate number of patients on Medicaid, the joint state and federal government health insurance program for the poor and the disabled.
Loans will have to be repaid in six years, though it will be possible for the loan to be forgiven if the hospital meets certain requirements.
In another news report describing the process in which this bill was approved and passed included one particular quote that illustrated magnificently the modern manner in which almost all American legislatures now function, from small city councils to Congress in Washington, regardless of party. As stated by one state senator during preliminary hearings before the bill passed:
“We don’t know how many hospitals, we don’t know which hospitals. We don’t know which areas those hospitals are (in), we don’t know anything. And now we’re asked to approve $150 million to be doled out without access to plans, without access to the finances that would give us the evidence to feel comfortable with this,” said Sen. Maria Elena Durazo, a Los Angeles Democrat, during a Senate budget committee hearing on Tuesday. [emphasis mine]
“We don’t know anything.”…
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