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Health Industry Wields Power in California's High-Stakes Battle to Lower Health Care Costs
Kaiser Health News Link to more items from this source
Oct. 13, 2021

"When [California Governor Newsom] ultimately drafted legislation for the office, he took an idea health care executives had pitched and made it his own: Instead of capping prices or cutting revenues, he would allow industry spending to grow -- but with limits.... If Newsom's plan to rein in health care spending succeeds, ... it could ... cement the power of an industry that continues to wield immense influence -- negotiating behind the scenes to protect its massive revenues and secure exemptions and side deals in exchange for its support."

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