California is dreaming about a government takeover of health insurance once again.
Earlier this month, state Sen. Scott Wiener, D-San Francisco, introduced SB 770. The bill would seek a federal waiver to allow the state to use federal funds earmarked for Medicare and Medicaid to create a state-run health insurance system that would cover all Californians — whether they like it or not.
Previous efforts in California to ban private health insurance and force everyone into a government-run plan have failed. The odds of Wiener’s bid succeeding are long, too. Good thing, because a government takeover of the health insurance system would be fiscally ruinous.