While TWIA may have been intended as a residual provider, it has become anything but that. Its unrealistically low rates have made TWIA an unbeatable competitor which is crowding out the private market yet doesn’t have the money to pay off major claims.
Economy
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. 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...
May 27, 2026