California Governor Gavin Newsom (D) has put forth a proposal to halt new enrollments of undocumented immigrants in a state-funded healthcare program as a strategy to address a $12 billion deficit.
What Happened: Newsom unveiled his nearly $322 billion state spending plan for the upcoming fiscal year on Wednesday. The plan outlines steps to address unexpectedly high Medicaid spending and a volatile economic environment, factoring in federal tariff policies and an unstable stock market, reported Fortune.
The proposed freeze would prevent low-income adults without legal status from applying for Medi-Cal, California’s Medicaid program, beginning in 2026. However, those already enrolled will remain covered and the changes will not affect children. From 2027, adults with “unsatisfactory immigration status” on Medi-Cal will be required to pay a $100 monthly premium, aligning with the average cost of subsidized health plans in California’s marketplace.
Newsom criticized President Donald Trump‘s economic policies, suggesting they could decrease state revenues by $16 billion in the future. He stated, …
Full story available on Benzinga.com
California Governor Gavin Newsom (D) has put forth a proposal to halt new enrollments of undocumented immigrants in a state-funded healthcare program as a strategy to address a $12 billion deficit.
What Happened: Newsom unveiled his nearly $322 billion state spending plan for the upcoming fiscal year on Wednesday. The plan outlines steps to address unexpectedly high Medicaid spending and a volatile economic environment, factoring in federal tariff policies and an unstable stock market, reported Fortune.
The proposed freeze would prevent low-income adults without legal status from applying for Medi-Cal, California’s Medicaid program, beginning in 2026. However, those already enrolled will remain covered and the changes will not affect children. From 2027, adults with “unsatisfactory immigration status” on Medi-Cal will be required to pay a $100 monthly premium, aligning with the average cost of subsidized health plans in California’s marketplace.
Newsom criticized President Donald Trump‘s economic policies, suggesting they could decrease state revenues by $16 billion in the future. He stated, …
Full story available on Benzinga.com
California Governor Gavin Newsom (D) has put forth a proposal to halt new enrollments of undocumented immigrants in a state-funded healthcare program as a strategy to address a $12 billion deficit.
What Happened: Newsom unveiled his nearly $322 billion state spending plan for the upcoming fiscal year on Wednesday. The plan outlines steps to address unexpectedly high Medicaid spending and a volatile economic environment, factoring in federal tariff policies and an unstable stock market, reported Fortune.
The proposed freeze would prevent low-income adults without legal status from applying for Medi-Cal, California’s Medicaid program, beginning in 2026. However, those already enrolled will remain covered and the changes will not affect children. From 2027, adults with “unsatisfactory immigration status” on Medi-Cal will be required to pay a $100 monthly premium, aligning with the average cost of subsidized health plans in California’s marketplace.
Newsom criticized President Donald Trump‘s economic policies, suggesting they could decrease state revenues by $16 billion in the future. He stated, …Full story available on Benzinga.com Read Morebenzinga neuro, budget deficit, California Governor Gavin Newsom, Donald Trump, illegal immigrants, News, Economics, Markets, General, News, Economics, Markets, General, Benzinga Markets
