Peterson on Power of Health Care Industry
Professor of Public Policy Mark Peterson spoke to California Healthline about Gov. Gavin Newsom’s pledge to lower health care costs in California. During his campaign for governor, Newsom promised to lead California’s single-payer movement, eliminate private insurance and decrease the amount that providers are paid. Polls show that the majority of California voters agree on the importance of making health care more affordable. Powerful interests in the health care industry have pushed back against legislative efforts to reduce health care costs, however, and the COVID-19 pandemic further strengthened their influence. “There’s no question this industry has power. The real question is what they do with it,” Peterson said. ““They’re getting wins, and important ones.” During the recent recall election, health care executives helped keep Newsom in office by supporting his campaign. Newsom will likely face pressure from both sides when he runs for reelection next year.