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California Weighs Penalties for Healthcare Providers That Don’t Rein In Costs
California is preparing to enforce penalties on hospitals and other healthcare providers that fail to meet state‑mandated spending growth targets.
AI Summary
California is preparing to enforce penalties on hospitals and other healthcare providers that fail to meet state‑mandated spending growth targets. The state joins at least seven other states that have established such targets in an effort to curb rising costs. This move comes amid reports that roughly half of U.S. adults say they cannot afford healthcare.
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