California Assembly Bill AB984

California 2019-2020 Regular Session

• Introduced: 2/21/19
• Refer: 3/7/19
• Report Pass: 3/11/19
• Refer: 3/12/19
• Refer: 3/14/19
• Refer: 3/25/19
• Report Pass: 4/23/19
• Refer: 4/25/19
• Report Pass: 5/1/19
• Engrossed: 5/9/19
• Refer: 5/9/19
• Refer: 5/22/19
• Report Pass: 5/29/19
• Refer: 5/29/19
• Report Pass: 6/27/19
• Refer: 6/27/19
• Report Pass: 7/3/19
• Refer: 7/3/19
• Report Pass: 8/12/19
• Enrolled: 8/22/19
• Chaptered: 10/2/19
• Passed: 10/2/19

Caption

Personal income taxes: voluntary contributions: Suicide Prevention Voluntary Tax Contribution Fund.

Impact

If enacted, AB984 would significantly alter state laws regarding healthcare provision and insurance. By enforcing stricter regulations on premium rates, the bill is expected to empower regulatory bodies to intervene in cases of excessive pricing, thereby improving patient access to critical health services. The implications of such reforms could lead to a positive impact on public health standards statewide, as individuals gain better access to necessary medical care without the fear of crippling financial consequences associated with high insurance premiums.

Summary

AB984 aims to enhance healthcare affordability and access for residents across the state by implementing measures aimed at regulating insurance premiums and ensuring equitable distribution of health services. The bill proposes specific guidelines for insurance companies regarding their premium rates to prevent exorbitant charges for essential services, striving to create a more accessible healthcare environment. Proponents argue that these changes are necessary to mitigate the rising costs of healthcare that have burdened families and individuals, making essential medical services more attainable for all citizens.

Sentiment

The general sentiment surrounding AB984 has been largely supportive among healthcare advocates and community organizations, who view it as a necessary legislative response to the ongoing healthcare crisis. However, there are also concerns expressed by some lawmakers and insurance industry representatives regarding the potential economic burden this bill may place on providers and insurance companies. Critics argue that while the intent to make healthcare more affordable is commendable, the bill's provisions may lead to unintended negative consequences such as increased premiums in other areas or reduced incentives for providers.

Contention

Key points of contention in the discussions about AB984 include the balance between ensuring affordable healthcare and maintaining a viable insurance market. Opponents of the bill caution against potential overreach, arguing that strict regulations may stifle competition and innovation within the insurance industry. Additionally, there are fears that while the bill seeks to protect consumers, it may inadvertently lead to service cutbacks by insurers unwilling to operate under tightened financial constraints. The debates highlight the ongoing struggle to find effective solutions to healthcare issues without compromising the sustainability of insurance providers.