How California ‘Health Charities’ Funnel Money To Karen Bass And Other Democrats
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How California ‘Health Charities’ Funnel Money To Karen Bass And Other Democrats
California’s healthcare nonprofits should return to their core missions of healthcare services rather than subsidizing politicians.
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The left-wing dominance of the Golden State is sustained by a giant pile of cash, much of it out of sight. Billions of dollars extracted from the for-profit conversions of health insurers — assets meant for broad public benefit — bankroll an infrastructure of organizing, media, policy shops, and leadership development that locks in progressive governance.
The California Endowment (TCE), the California Wellness Foundation (Cal Wellness), and the California Health Care Foundation (CHCF) have combined assets of $6.3 billion while underwriting annual grants of about $400 million. They were created in the 1990s as the result of the conversion of two nonprofit health plans to for-profit corporations, Blue Cross of California and Health Net.
The foundations were born from conversions meant to ensure continuity of charity care, expanded access, and direct health services. Regulators and the public expected tangible benefits, in the form of clinics, coverage enrollment, and medical care for the underserved.
Unsurprisingly, they have suffered from mission drift over 30 years.
Today, the entities embrace “social determinants of health.” This broad catchall covers everything from racial equity and climate justice to community organizing and power-building.........
