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California is one of 21 states with a competitive state fund in the workers' compensation insurance market. [7] In 2010, State Fund implemented a plan to redesign operations and reduce costs for California employers. In 2013, State Fund announced [8] that it reduced annual fixed expenses by $300 million. These savings will help State Fund ...
When health care workers in California asked the state Legislature for a raise earlier this year, it seemed like the longest of long shots — especially after lawmakers in May had to loan ...
Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.
On February 18, 2009, CNA/NNOC announced that it is joining with two other nurses unions, the Massachusetts Nurses Association and the United American Nurses, to create a 150,000-member union. The organization is called National Nurses United [11] and is affiliated with the AFL–CIO. Deborah Burger, co-president of CNA/NNOC said that the new ...
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Statewide retirement systems account for the bulk of unfunded liabilities in the US. State Pension plans account for approximately 88% of all unfunded liabilities of non-federal retirement systems. While national aggregates provide insight into larger trends, the funded ratio of state pension plans vary significantly by state.
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California was the first state in the U.S. to set up a health insurance marketplace. [ 1 ] [ 2 ] The California Health Benefit Exchange was created in September 2010 when then-Governor Arnold Schwarzenegger signed Assembly Bill 1602, (the "California Patient Protection and Affordable Care Act"), [ 3 ] by Assembly Speaker John Perez, and Senate ...