Video & Transcript Research : 'premium stabilization'

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CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 29th, 2026

Transcript Highlights:
  • . $15.1 billion is in the Budget Stabilization Account, and this is also the same as May Revision.
  • Delivery system effective January 1, 2027, implementing $50 monthly premiums for adults age 19 to 59
  • On economic stability, we're delivering targeted tax relief... ...our values here in California.
  • On economic stability, we're delivering targeted tax relief for new businesses, extending CalCompete
  • And this committee, we were able to stabilize Medi-Cal to save access to life-saving health care.
Summary: The Assembly Budget Committee met to consider the final three-party agreement for the 2026-27 state budget and 19 implementing bills, including two budget bill juniors and 17 trailer bills. Committee leadership and administration officials described the budget as a balanced plan that reduces out-year structural deficits, maintains large reserves, and makes major investments in health care, education, housing, child care, public safety, and other core services while also responding to expected federal cuts and fiscal uncertainty. The Department of Finance outlined the package’s major components, including Medi-Cal adjustments, education funding increases, higher education changes, child care and human services updates, housing and homelessness funding, energy and transportation provisions, and tax and general government changes. Members asked questions about several provisions, including CSU enrollment targets and turnaround plans, the Prop. 98 settle-up mechanism, the plastics market development payment program, housing accountability measures, NextGen 9-1-1 implementation, and veteran services. Staff and administration witnesses explained that the higher education language is intended to improve campus-by-campus reporting and oversight, that Prop. 98 settle-up would be finalized later through the statutory certification process, and that NextGen 9-1-1 now includes one-time funding, quarterly reporting, an independent technical review, and a state audit. Members also discussed the HAP homelessness funding increase to $900 million and the balance between accountability and timely distribution of funds. The most extended exchange centered on comparisons between funding for veterans and Medi-Cal/immigrant health coverage. Republican members argued the budget spends far more on undocumented immigrant services than on veterans, while Democratic members and Finance staff responded that the comparison was misleading because many veterans’ services are federally funded and the state budget also includes dedicated veteran support. The chair and other members emphasized that the budget reflects difficult tradeoffs and that the package protects vulnerable populations, preserves health care access, and advances affordability. No final vote was described in the excerpt, but members indicated support for the overall package and said they would support it on the floor.
TX

Texas 89th 2nd C.S.

89th Legislative Session May 2nd, 2025

Texas House Floor Meeting

Transcript Highlights:
  • And how much is the premium tax? 1.6% of the premium, correct? Correct.
  • So if we were to eliminate the premium tax for all of our constituents, that would be good.
  • We're constituents and policyholders to reduce their actual premiums.
  • , which isn't much, but it would help if we would simply eliminate the premium tax, correct?
  • Bonnen: The Economic Stabilization Fund is projected to reach a balance of $28.5 billion.
Summary: The House convened with a quorum, offered an invocation, led the pledges, and approved a series of routine motions, including excusing absent members and granting permission for several committees to meet while the House was in session. Members also adopted several memorial and recognition resolutions, including H.R. 1023 honoring Christian Beerbill, H.R. 1033 recognizing International Bereaved Mother’s Day, and H.R. 877 recognizing Urban League Advocates Day. The House also recommitted SB 17 and HB 4211 to committee and postponed SCR 27 and HB 2145 for later consideration. The chamber then took up a long third-reading calendar of bills covering a wide range of topics, including Sunset review measures, health care workforce and pricing, child custody and family law, Medicaid, rural ambulance grants, energy reporting, public information requests, trail development, virtual meeting disruptions, occupational licensing, protective orders, county leave pools, animal cruelty, infrastructure, and higher education. Most bills were explained briefly by their authors and passed with broad support, though several drew notable opposition, including HB 5265, HB 2402, HB 3000, HB 3237, HB 3326, HB 1056, HB 281, HB 3308, HB 1043, HB 1234, HB 1193, HB 294, HB 809, HB 334, HB 2037, HB 285, HB 1353, HB 3960, HB 4044, HB 4264, HB 2807, HB 3349, HB 4406, HB 1593, HB 1899, HB 1201, and others. Several bills prompted extended debate or amendments. HB 3237, extending public energy-use reporting for state and higher-education buildings, passed after questions about its public-sector-only scope and energy savings. HB 3326, addressing public service loan forgiveness credit for adjunct professors, initially failed on a 69-70 vote but later passed after verification and machine corrections. HB 3211, concerning optometrists in managed care plans, adopted a Buckley amendment before passing. HB 2213 on Texas Windstorm Insurance Association board composition adopted a Metcalf amendment requiring certain board members to be Texas residents. HB 412, dealing with harmful materials and sexual performance of a child, generated extensive questioning about its scope, existing legal standards, and effects on educators and medical professionals; the excerpt ends during that debate.
FL

Florida 2025 Regular Session

April 10, 2025 - 09:00 AM

Transcript Highlights:
  • State Board of Administration to invest money into Bitcoin from the General Revenue Fund, Budget Stabilization
  • But now, your insurance premium is up 70% from last year, and nobody can explain why.
  • my opinion, when it comes to a denial of an insurance claim that someone’s been paying insurance premiums
  • And it results in 40 to 50 percent of what consumers are paying in their premiums.
  • So being unable to tackle that reinsurance cost, ...their premiums.
Summary: The Insurance and Banking Committee met with a quorum and heard three bills. HB 487 would authorize the CFO and State Board of Administration to invest up to 10% of certain state funds in Bitcoin, require specified custody methods, allow Bitcoin lending under rule, and create a process for accepting taxes and fees in Bitcoin. The sponsor and several proponents argued it would diversify state investments, hedge inflation, and position Florida as a leader in digital assets. Members raised concerns about volatility, security, valuation, and whether Bitcoin was being singled out over other cryptocurrencies, but the bill was reported favorably after debate and a roll call vote. The committee then considered HB 7011, an Open Government Sunset Review measure for records of insolvent insurers. The bill would continue some exemptions but make additional records public, including underwriting files, risk-solvency assessments, corporate governance annual disclosures, and the names, benefits, and compensation of insurance executive officers. There was no public testimony, and members discussed privacy and safety concerns, but the bill passed and was reported favorably. Finally, the committee heard HB 1433 on hurricane mitigation grants and insurer regulation. The bill would tighten restrictions on former executives of failed insurers, raise capital requirements for new insurers, and require mitigation credits when homeowners receive Safe Florida Home funds. An amendment was adopted to require a licensed person to make final claim-denial decisions when AI or automation is used and to prioritize filings that lower rates. Consumer advocates supported the transparency and consumer protections, while industry representatives urged caution on the AI provisions. After debate, the amended bill was reported favorably. The meeting ended with closing remarks from the ranking member, vice chair, and chair reflecting on the committee’s work and likely final meeting of the term.
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 15th, 2026

Transcript Highlights:
  • It delays the imposition of increased Medi-Cal premiums.
  • It delays the imposition of increased Medi-Cal premiums.
  • It seeks to retain and ensure our under-insured. position of increased Medi-Cal premiums.
  • So we urge expanded and continuing funding to stabilize our safety net.
  • So we urge expanded and continuing funding to stabilize our safety net.
Summary: The Assembly Budget Committee met to consider the 2026 Budget Act, which leaders said was the negotiated compromise with the Senate and was expected to move to the floor that evening. Opening remarks emphasized that the plan balances the budget over two years, reduces the structural deficit, and builds reserves, while also protecting core services in the face of federal cuts. Jason Sisney outlined the legislative budget framework and the likely floor bills, including AB 109, SB 110, SB 122, and SB 125. Department of Finance representative Eric Khali said the administration appreciated the two-year balanced approach and supported the modification in SB 122, while noting the package uses additional revenues and new spending to soften or reject some proposed cuts. Most of the discussion focused on major spending areas. Members and subcommittee chairs highlighted protections and additions for health care and human services, including rejecting the proposed Medi-Cal asset limit change, delaying premium increases, restoring clinic and dental funding, supporting distressed hospitals and county indigent care, and expanding county eligibility staffing to handle H.R. 1-related workload. Education members described record or expanded support for TK-12 schools, child care, special education, community colleges, teacher recruitment, and higher education, including a change to extend Cal Grant eligibility to age 30 for some community college students. Housing and homelessness funding was increased for HAP, multifamily housing, and the low-income housing tax credit, while public safety members pointed to investments in victims’ services, restorative justice, and prison closure savings. Several members also raised concerns or priorities tied to the budget deal. Some praised the package as a moral document that protects vulnerable Californians, immigrant communities, LGBTQ residents, seniors, and people with disabilities. Others noted unresolved issues, including the MCO tax’s impact on districts, the need for more support for local journalism, arts, biotech R&D incentives, transit and GGRF-related concerns, and the need for continued work on Prop. 98 and long-term fiscal resilience. The vice chair cautioned that despite the current progress, the state remains vulnerable to revenue volatility and warned that the budget should build more resilience against a possible downturn. No formal vote was taken in the portion provided, but the committee was preparing the budget package for floor action and final negotiations.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-05-29 (9:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • Our revenue forecasts have stabilized, so by spending less than we have, we continue to right-size our
  • As I looked at the budget, I see that we did not fund the premium assistance program.
  • Did not fund the premium assistance program. We did not restore that.
  • We have $27.8 million appropriated for the KidCare FHK premium stabilization.
  • Declining enrollment stabilization fund. These are really important to Miami.
Keywords: 998, house, all
HI

Hawaii 2026 Regular Session

HSH Public Hearing - Tue Feb 3, 2026 @ 9:00 AM HST

Human Services & Homelessness

Transcript Highlights:
  • That gap period helps people stabilize and get back on their feet.
  • The most stability, healing, and hope.
  • <01:00:20.240> for up paying three times the premium for up paying three times the premium
  • by stabilizing stabilizing this system by stabilizing stabilizing this system by addressing<01
  • , stabilization, stabilization, um um um and<01:07:34.400> family<01:07:34.720> support.
Summary: The committee opened its first meeting of the 2020 session and heard testimony on several measures, beginning with HB 1518, which would allow people incarcerated and nearing release to apply for SNAP benefits before release. The Department of Corrections and Rehabilitation and the Department of Human Services said they support the bill and are already piloting a pre-release application process at two facilities, with plans to expand it. The Attorney General’s Office supported the intent but noted a technical issue: one section of the bill appears to affect TANF as well as SNAP, while the title refers only to SNAP. A wide range of advocates, including Catholic Charities, the Hawaii Public Health Institute, Hawaii Hunger Action Network, Drug Policy Forum of Hawaii, Hawaii Children’s Action Network, ACLU of Hawaii, and others, testified in strong support, emphasizing food insecurity after release, reentry stability, and reduced recidivism. The committee did not take a vote during the hearing. The committee then heard HB 1747, which would direct the Department of Human Services to seek federal waivers or extensions related to restricting certain SNAP purchases, including sugary drinks. DHS said it had already been approved for a narrow demonstration waiver and was working with retailers on implementation, with a target date of August 1. Supporters of the measure argued it would promote healthier choices, while opponents, including Hawaii Appleseed, the Hawaii Public Health Institute, Hawaii Children’s Action Network, and the Hawaii Food Industry Association, said such restrictions are ineffective, stigmatize low-income residents, create burdens for retailers and DHS, and may be difficult to implement. Members asked DHS to clarify the scope of the waiver and confirmed it applies to sugary drinks and beverages containing more than 10 grams of sugar. Finally, the committee took up HB 1705, which would allow licensed mental health counselors to serve as child custody evaluators, but there was no testimony from the relevant agencies and the item was quickly set aside. The committee also heard HB 1565, which would establish a judiciary working group to improve family court processes and legal representation for youth in the child welfare system. The Attorney General’s Office offered minor technical amendments, and supporters from the Office of Wellness and Resilience, High Hopes Hawaii, Hawaii Children’s Action Network, and a social work student described the need for legal representation, citing better reunification and stability outcomes and the importance of youth voice in court proceedings. No votes or final actions were taken in the portion of the meeting provided.
NM

New Mexico 2026 Regular Session

House - Health and Human Services Feb 11th, 2026 at 08:33 am

House Health & Human Services

Transcript Highlights:
  • It also amends Section 24-35-4 by including definitions for emergency medical conditions, stabilization
  • It also amends 24A-1-7 by including definitions for emergency medical conditions, stabilization, and
  • This bill also helps clear that hospitals must treat and stabilize pregnancy-related emergencies, including
  • We've had some discussions with the sponsors, and facility fees are a known cost driver for premium.
  • They do increase the premium for health insurance.
Keywords: 996, all
NH

New Hampshire 2026 Regular Session

Senate Health and Human Services (01/08/2026)

Health and Human Services

Transcript Highlights:
  • Our premiums did time through to 2016. Our premiums did not<01:21:18.880> increase.
  • My premiums have gone up.
  • My premiums have gone up.
  • My premiums have gone up.
  • My premiums have gone up.
Keywords: 1191, senate, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, November 12, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • Health care premiums are skyrocketing.
  • COVID-era premium subsidies.
  • SO THIS IS NOT WHAT IS AFFECTING OTHER PEOPLE'S PREMIUMS.
  • PREMIUM INCREASES ARE ACTUALLY DRIVEN BY MULTIPLE FACTORS.
  • TOLD HER PREMIUMS WILL JUMP TO NEARLY A THOUSAND DOLLARS.
NM

New Mexico 2025 Regular Session

Senate Chamber Oct 2nd, 2025

New Mexico Senate Floor Meeting

Transcript Highlights:
  • And that's the cap for advanced premium tax credits.
  • These premium tax credits are what are going to help our residents have access to health insurance.
  • And this allows that fund to provide those premium assistance to all New Mexicans purchasing coverage
  • A 60-year-old couple with a household income of $82,000 will see a premium increase of $19,000.
  • President, this is the amount that would come in with the enhanced premium.
FL
Transcript Highlights:
  • Because of the premium tax credits that were keeping rising health care premiums lower than they otherwise
  • So the more people whose insurance premiums are paid, the more rebates the program gets.
  • Overall, the insurance premiums only increased by about $150 per client.
  • Last year, the cost of the premiums was about $160 million, and this year it's about $99 million.
  • We want to help to ensure for the stability of this program that so many depend on. Thank you, Mr.
Summary: The Appropriations Committee on Health and Human Services heard a presentation on the governor’s proposed fiscal year 2026-27 budget for the health and human services silo, which totals $48.5 billion. Agency leaders outlined major requests for AHCA, APD, DCF, DOEA, DOH, and the Department of Veterans’ Affairs, including behavioral health redesign, Medicaid rate changes, developmental disability services, child welfare and opioid programs, senior services, cancer research, public health initiatives, and veterans’ facility and technology needs. The committee also received an overview of the overall state budget, which was described as $117.4 billion, up 1.1% from the current year. AHCA’s presentation focused on $71.6 million for a Medicaid behavioral health redesign, including funding for residential treatment, a serious mental illness waiver, and higher inpatient psychiatric rates for youth, plus $7.1 million to raise private duty nursing reimbursement in fee-for-service Medicaid, $2.5 million for the background screening clearinghouse, and $124.4 million for the Health Care Connection System (FX). APD requested funding to continue moving people off the pre-enrollment list and to support developmental disability centers, a new forensic facility, an electronic health record system, and higher operating costs. DCF highlighted $81.9 million for eligibility and system integrity, $187.5 million for opioid prevention and treatment, $35.5 million for community-based care lead agencies, and $72.7 million to expand behavioral health bed capacity, including 474 new beds at state hospitals. DOEA sought additional funding for Alzheimer’s services, home care, and community care for the elderly. DOH emphasized $278 million for cancer research and innovation, $5 million for food and product safety testing, $5 million for the Florida FIRST blood-on-ambulance initiative, and $5.7 million for a public lab feasibility study. Veterans Affairs requested funds for facility improvements, cybersecurity, and medication management equipment. Members asked detailed questions about several items, especially the proposed changes to the AIDS Drug Assistance Program (ADAP), which would reduce eligibility and the number of people served. Senators and public witnesses criticized the lack of transparency and urged the department to pause the changes and work with stakeholders; the Surgeon General said the issue was driven by funding constraints and federal changes, not a legal barrier, and that the agency was exploring alternatives. Questions also addressed the Office of Minority Health and Health Equity, the Kids Care/CHIP expansion implementation, the cancer research funding structure, and the timeline and cost of the FX system. Public testimony focused heavily on ADAP, with speakers warning that thousands could lose medication access and calling for community involvement and a review of the program’s finances. The committee adjourned after the presentations and questions, with no votes taken on the budget items during this meeting.
HI

Hawaii 2025 Regular Session

CPC Public Hearing - Wed Feb 12, 2025 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • And just to help you understand the premiums for a minimum wage worker here would be $102 a year.
  • They’d be paying $10,000 or more for the same average employee rather than paying a premium.
  • And just to help you understand the premiums for a minimum wage worker here would be $102 a year.
  • They’d be paying $10,000 or more for the same average employee rather than paying a premium.
  • for some sense of financial stability for some sense of financial stability and<01:13:07.920>
Keywords: 910, house, all
Summary: The Consumer Protection and Commerce Committee met on February 12 and heard several bills. HB 97, relating to travel insurance, drew only brief testimony: the Insurance Division stood on written testimony, one industry witness supported the bill and requested a minor amendment, and no one else testified or asked questions. HB 226, relating to window tinting, received support from the Department of Transportation, while the Honolulu Police Department offered comments on the proposed amendments, asking for clearer language on what it means to roll windows down, when the requirement applies, how it handles bad weather, and what sanctions would apply for noncompliance. No further testimony was offered on that measure. The committee also heard HB 1179, relating to rural emergency hospitals. The Department of Human Services stood on written testimony, and Maui Health Systems strongly supported the bill, saying it would help critical access hospitals better serve kūpuna and provide long-term care beds. There were no questions or additional testimony. HB 420, relating to remedies and the contractor repair act, generated extensive and sharply divided testimony. Opponents, including attorneys representing homeowners and AARP Hawaii, argued the bill was anti-consumer, would weaken homeowners’ ability to recover for construction defects, and would shift costs and risk to consumers. Supporters, including builders, realtors, the Chamber of Commerce, and D.R. Horton Hawaii, said the bill would create a more balanced and efficient process, reduce unnecessary litigation, and help builders address legitimate defects more quickly. Testimony on HB 420 focused heavily on whether the contractor repair process and class actions help or hinder repairs. Opponents said the bill would delay or limit homeowner recovery, especially for life and safety defects, while supporters said current class-action litigation can prevent direct communication with homeowners and slow repairs. Committee members asked questions about when communication with homeowners stops and whether repairs could be made before a class is certified. No votes or final committee actions were taken during the portion of the meeting provided.
MN

Minnesota 2025-2026 Regular Session

Committee on Rules and Administration - 06/01/26

Rules and Administration

Transcript Highlights:
  • Um, are you referring to the expected health insurance premium increase that employees will be expected
  • to pay, you know, their share of the premium in addition to inflation?
  • the expected health insurance premium the expected health insurance premium increase<00:05:14.600
  • premium in addition to inflation? premium in addition to inflation?
  • are in order to maintain the stability are in order to maintain the stability of<00:19:28.880>
Keywords: 1187, senate, all
TX

Texas 89th 2nd C.S.

Appropriations Apr 15th, 2025

Appropriations

Transcript Highlights:
  • Economic stabilization fund balance of $28.5 billion in fiscal year 2027.
  • Economic stabilization fund, also known as a rainy day fund, um, we're, we're hitting the cap on how
  • You're also not factoring in risk premiums and other things, but the, I'm not arguing, you're arguing
  • was another fund, um, that goes into GR that is based on insurance, but it's not on homeowners' premiums
  • at least 3 years, a provision that both prevents misuse of funds and fosters long-term community stability
Bills: HB104
CA
Transcript Highlights:
  • Many believe they have to start paying premiums right away this year, and because they couldn't afford
  • And I know you both fought to lower that premium from where it started, but it still poses an economic
  • Because education has not only given me economic mobility and security and stability.
  • Because education has not only given me economic mobility and security and stability.
  • It given me, it has, it has been, it has been, it has a Mobility and security and stability.
Summary: The Select Committee on Latina Inequities met at Los Angeles Mission College in Sylmar, hosted by Assemblymember Celeste Rodriguez and joined by Assemblymember Mia Bonta. Rodriguez opened by framing the committee’s work around the economic status of Latinas and the effects of federal policies on the economy and social safety net, while the college president welcomed the committee and described campus services for undocumented and housing-insecure students. Rodriguez also emphasized the local impact of immigration enforcement in the San Fernando Valley and said the hearing would focus on Latinas’ economic conditions, immigration enforcement impacts on the workforce and safety, and H.R. 1’s effects on the safety net. The first panel featured HOPE’s Maria Morales and Dr. Elsa Macias, who presented findings from HOPE’s National Economic Status of Latinas report. They said Latinas are a major and growing part of California’s population and workforce, but face persistent inequities, including a large wage gap, higher unemployment, high uninsured rates, student debt, and affordability pressures around child care, housing, and education. They also discussed entrepreneurship, noting both the growth of Latina-owned businesses and barriers such as limited access to capital, technical assistance, and retirement and health coverage. In response to committee questions, they said higher education can still offer a strong return on investment, but only if students can complete degrees without being overwhelmed by debt and care costs; they also pointed to policy solutions such as SB 642, mentorship, financial literacy, CalSavers access, and support for community development financial institutions. The second panel focused on immigration enforcement and Latina safety in the workforce. Luis Nolasco of the ACLU described arrests tied to apparent ethnicity and Spanish-speaking, the chilling effect on families, and the loss of wages, school attendance, and mobility. Dr. Amada Armenta said immigration enforcement harms California’s economy, public health, and mixed-status families, and noted that undocumented workers are concentrated in agriculture, construction, and child care. SEIU’s Jen Baca Beltran said raids and school-based enforcement traumatize children and families and highlighted the need for Know Your Rights trainings. Megan Ortiz of IDEPSCA described repeated Border Patrol raids on day labor centers, injuries to staff, and the need to protect worker centers, domestic workers, and street vendors. Inclusive Action’s Shannon Camacho said raids have forced many informal workers to stop working, prompted emergency cash assistance and rent relief efforts, and strengthened advocacy for vendor protections and CDFI support. CHIRLA’s Jeanette Zanipatine said the rapid response network has expanded, documented widespread arrests and detention conditions, and is providing direct support and legal referrals; committee members asked about detention, maternal health, and what the state can do, and panelists urged stronger oversight, more legal representation, and protections for pregnant and detained people.
US

US Federal 2025-2026 Regular Session

Hearings to examine insurance markets and the role of mitigation policies. May 1st, 2025 at 09:00 am

Banking, Housing, and Urban Affairs Committee

Transcript Highlights:
  • Starting now to re-stabilize.
  • And how those costs translate into premiums and frankly ultimately?
  • Gordon, NFIP has been experiencing a decline in direct premiums written. Mr.
  • The average home insurance annual premium rate in the U.S. last year was $2,151.
  • Do you have a sense of how much premiums like how much we We would estimate premiums would go up if NFIP
Summary: The meeting reviewed critical issues surrounding the rising costs and accessibility of homeowners insurance across the United States, particularly in light of increasing natural disasters linked to climate change. Members engaged in extensive discussions regarding the implications for families and the economy, citing significant increases in premiums and decreasing availability of policies in high-risk areas. Supervisor Peysko highlighted the direct impact of federal policies on local communities, emphasizing the growing burden on homeowners as they face skyrocketing insurance costs amidst a backdrop of environmental challenges and regulatory constraints. The committee expressed a unified call to action for bipartisan solutions, focusing on improving building codes and enhancing disaster preparedness measures.
MN

Minnesota 2025-2026 Regular Session

Creating the Educator Group Insurance Program (Part 1) 2/26/26

Minnesota House Floor Meeting

Transcript Highlights:
  • A premium increase of 22% in a single year. Family premiums cited at $1,000 a month.
  • Family premiums 22% in a single year.
  • Family premiums cited<00:04:42.400> at<00:04:42.800> $1,000<00:04:43.680> a<00:04
  • It creates more financial stability while eliminating haves and have-nots among the districts.
  • More stability and less administrative waste means less money going to companies like UnitedHealth Group
Keywords: 1183, house
MN

Minnesota 2025 1st Special Session

Committee on Finance - Part 2 - 04/28/25

Finance

Transcript Highlights:
  • <00:22:07.520> subsidy of them will be on the premium subsidy of them will be on the premium
  • And so, the the 20% premium subsidy.
  • premium. Am I right? premium. Am I right? Um,<01:00:19.359> Mr.
  • If you're going to have a premium<01:55:17.199> of premium of premium of $1,000<01:55:18.880><
  • <01:56:38.159> is the difference in how the premium is the difference in how the premium is
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Senate Health Committee Jun 24th, 2026

Health

Transcript Highlights:
  • Javar is saying there's only so much that we should be adding on and the cost of premiums and things
  • The analysis also found that the bill would have a negligible impact on health insurance premiums.
  • We should focus on stabilizing and strengthening that market, not adding new requirements that could
  • But I'm just wondering at this time, is it worth us increasing their premiums?
  • It's about transparency and ensuring that we as premium payers, you know, you talked about increased
Keywords: 987, senate, all
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 15th, 2026

Budget

Transcript Highlights:
  • immigration status, so that the May Revision proposed increasing that premium to $50 from $30.
  • It delays the imposition of increased Medi-Cal premiums.
  • It seeks to retain and ensure our underinsured... ...position of increased Medi-Cal premiums.
  • We are putting the state on a path to much greater fiscal stability.
  • So we urge expanded and continuing funding to stabilize our safety net.
Keywords: 988, house, all
Summary: The Assembly Budget Committee met to consider the 2026 Budget Act, which leaders described as the compromise budget expected to move to the floor later that evening. Opening remarks emphasized that the plan balances the budget over two years, reduces the structural deficit, and builds reserves, while also protecting core programs from federal cuts. Jason Sisney outlined the legislative budget plan, saying it uses higher-than-expected revenues and reserve balances to reject some proposed reductions and fund temporary restorations and new spending in areas such as education, child care, health care, housing, homelessness, and public safety. Department of Finance representatives said the administration appreciated the two-year balanced framework and the effort to address out-year deficits, while noting the plan includes additional spending and revenue changes. Sisney also previewed floor bills including AB 109, SB 110, SB 122, and SB 125, with SB 122 described as a modification to the tax credit proposal and SB 125 as the managed care organization tax proposal. Subcommittee chairs then described the major policy choices in their areas. Health chair Addis said the budget responds to federal health care rollbacks by protecting Medi-Cal, clinics, hospitals, dental care, and other safety-net services, while also supporting reproductive care, gender-affirming care, and county health systems. Education chair Alvarez highlighted increased school funding, expanded learning, special education, teacher support, community colleges, and a change to Cal Grant eligibility for older community college students. Other chairs emphasized child care expansions, homelessness and housing funding, prison closure and criminal justice savings, wildfire mitigation, county support for Medi-Cal and CalFresh administration, and accountability measures tied to homelessness and corrections spending. Several members also raised concerns or priorities, including the impact of the MCO tax on providers, the need for more support for local journalism, transit and climate funding, biotech and R&D incentives, and continued work on Prop 98 and long-term revenue solutions. No formal votes were taken in the portion provided, but members broadly expressed support for the budget framework and the need to continue negotiations with the administration before final passage. The committee discussion repeatedly framed the budget as a response to federal policy changes and a choice to protect vulnerable Californians while maintaining fiscal responsibility. The vice chair, citing LAO warnings about future volatility and limited reserves, pressed Finance on whether the budget represented a record-sized state budget and whether revenues were also at record levels, underscoring concerns about the state’s preparedness for a downturn.