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State of California November 2, 2010 Election
Smart Voter

For People's Health Care Coverage

By William John "Bill" Balderston

Candidate for Insurance Commissioner

This information is provided by the candidate
Within the limited scope of the California Insurance Commissioner's powers, I would advocate:
-altering existing legislation from a 70 percent requirement to 95 percent as to the amount of premium monies devoted to patient care;
-a graduating taxation of insurance companies' profits made from the time premiums are paid until when the monies are used to pay health care providers; and
-expanding requirements to OPEN THE FINANCIAL BOOKS of ALL INSURANCE COMPANIES doing business in California.

In addition, this campaign will be devoted to the demand that insurance companies should have NO ROLE in the health care system in California and nationally. Not only must we continue to expose their exploitative profits ($11.7 billion for the top five insurance companies this year) but the whole narrowing options for patients. This requires not only advocating for a single-payer health care approach (specifically supporting SB 810 in California) but in education around the long-term need for a quality, fully-funded national health system in the US.

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ca/state Created from information supplied by the candidate: August 20, 2010 17:04
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