California Gov. Gavin Newsom signed a bill into law last month that will gradually raise the minimum wage for healthcare workers to $25 an hour. The measure aims to put “a stop to the hemorrhaging of our care workforce by ensuring health care workers can do the work they love and pay their bills,” as the executive director of SEIU California put it.
But this mandated wage hike may lead to fewer healthcare workers being asked to do more — and higher costs throughout the healthcare system. Hospitals that are unable to shoulder the immediate financial burdens created by the new minimum wage will fold — and make care even harder to come by.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Wage Hikes Won’t Fix US Healthcare
Sally C. Pipes
California Gov. Gavin Newsom signed a bill into law last month that will gradually raise the minimum wage for healthcare workers to $25 an hour. The measure aims to put “a stop to the hemorrhaging of our care workforce by ensuring health care workers can do the work they love and pay their bills,” as the executive director of SEIU California put it.
But this mandated wage hike may lead to fewer healthcare workers being asked to do more — and higher costs throughout the healthcare system. Hospitals that are unable to shoulder the immediate financial burdens created by the new minimum wage will fold — and make care even harder to come by.
Read the full article at Newsmax . . .
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.