On a 23 to 14 vote, the California Senate put their stamp of approval on SB 562, a Medicare for all-type/single payer bill that would bring the dream of guaranteeing health care to all Californians.

With a state Senate vote possibly imminent on a single-payer health system for California, supporters Wednesday released a study estimating it would cut spending on healthcare in the state by 18% and cost tens of billions of dollars less than the state's estimate for the plan.

SB 562, the Healthy California Act, would cut current spending on healthcare in California by 18 percent – and produce substantial savings for households in healthcare costs as a share of their income, and California businesses, which would also see reduced payroll costs for health care expenditures, according to new research findings released today.

A full 70 percent of Californians favor establishing a public, Medicare for all type system providing universal single-payer health coverage, with lower costs for all Californians, as proposed in the Healthy California Act, SB 562.