PROP
34

RESTRICTS SPENDING OF PRESCRIPTION DRUG REVENUES BY CERTAIN HEALTH CARE PROVIDERS. INITIATIVE STATUTE.

SUMMARY

Put on the Ballot by Petition Signatures

Requires certain providers to spend 98% of revenues from federal discount prescription drug program on direct patient care. Authorizes statewide negotiation of Medi-Cal drug prices. Fiscal Impact: Increased state costs, likely in the millions of dollars annually, to enforce new rules on certain health care entities. Affected entities would pay fees to cover these costs. Supporters: The ALS Association; California Chronic Care Coalition; Latino Heritage Los Angeles Opponents: National Org. for Women; Consumer Watchdog; Coalition for Economic Survival; AIDS Healthcare Foundation; Dolores Huerta

WHAT YOUR VOTE MEANS

YES A YES vote on this measure means: Certain health care entities would have to follow new rules about how they spend revenue they earn from a federal drug discount program. Breaking these rules would result in penalties (such as not being able to operate as a health care entity), generally for a ten-year period.

NO A NO vote on this measure means: These new rules would not go into effect.

 

ARGUMENTS

PRO Proposition 34 will protect patients and ensure public healthcare dollars actually go to patients who need it. Prop. 34 will close a loophole that allows corporations to spend this money on things like buying stadium naming rights and multi-million dollar CEO salaries. Protect Patients Now. Vote Yes on Proposition 34.

CON Prop. 34—The Revenge Initiative. California Apartment Association, representing billionaire corporate landlords, doesn't care about patients. Their sole purpose is silencing AIDS Healthcare Foundation, the sponsor of the rent control initiative. 34 weaponizes the ballot, is a threat to democracy, and opens the door to attacks on any non-profit.

FOR ADDITIONAL INFORMATION

FOR
YES on 34, Protect Patients Now: A Coalition of Women, Veterans, LGBTQ+ Advocates, and Patient Groups
2350 Kerner Blvd. #250
San Rafael, CA 94901
(916) 447-7881
info@protectcapatientsnow.com
YesOnProp34.com
AGAINST
Susie Shannon
Stop the Revenge Initiative—No on 34, sponsored by AIDS Healthcare Foundation
1250 6th Street, Suite 205
Santa Monica, CA 90405
(310) 576-1233
info.votenoon34.org
www.votenoon34.org

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