Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
California lawmakers have moved a step closer to securing $761 million in federal funds to provide health insurance to people with pre-existing conditions.
A bill adopted by the state Assembly Monday would fund a high-risk insurance program for about 30,000 people who can't get coverage.
It is one of about a dozen bills before the Legislature that would remake California's health care market to conform with federal reforms that President Obama signed into law earlier this year.
The bill's author, Republican Mike Villines of Clovis, says the federal government would pay for the program until 2014.
AB 1887 passed by a 60-0 vote. It now goes to the Senate, which has until the end of the month to act.