California targets 3.5% health spending growth in 2025, decreasing to 3% by 2029, aiming to make healthcare more accessible and affordable.

California aims for a 3.5% five-year health spending growth rate in 2025, decreasing to 3% by 2029. The state's new Office of Health Care Affordability seeks to make healthcare more accessible and affordable, tackling high prices, unnecessary treatments, ER overuse, and administrative waste. California's efforts are being monitored by other states like Massachusetts, which also sets health spending targets.

June 12, 2024
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