Prop 34 appears to be about health care spending, but opponents say there is more to it.
A federal law dating back 30 years gives health care providers who serve low-income patients a discount on pharmaceutical drugs. The providers can sell those drugs at market rate and make a profit, which they can use to expand health care for disadvantaged populations.
Prop 34 would require providers to spend 98% of that profit on direct patient care but only if the health care providers meet certain specifications. They must spend at least $100 million on expenses outside direct care, own and operate apartment buildings and have at least 500 severe health and safety violations from the last decade.“The organizations that would be subject to this proposition, there's only one.
You read that right: the proposition appears to be taking aim at one group, the AIDS Healthcare Foundation, which has become a major player in the California housing politics game and is a driving force behind the rent control measure that is also on the ballot this November.
The California Apartment Association is the landlord lobby pushing for Prop 34. The Yes on Prop 34 campaign argues a handful of"bad actor" are using a"legal loophole" to spend money meant for patient care on building housing projects they say are"run like slums." In a statement, Yes on 34 wrote,"Prop 34 will prevent this abuse from occurring in California and requires discount drug program dollars generated in California to be used for their intended purpose: helping patients."“If you read the text of the prop, it seems to have everything to do with health care," Christopher said. “But really, this is ultimately about housing politics in California.
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