Once again government is picking winners and losers. In this case, I get to look no further than the Orange County Children and Families Commission (the local "First Five" Commission, which is financed through a mandated tobacco tax — there is a statewide commission, and then 58 county commissions, all happily redistributing wealth).
In yesterday’s Orange County Register there was a story that the OC First Five Commission is going to be dropping $125k in medical school loan forgiveness for six lucky government-chosen doctors. Specifically, for six pediatric specialists who meet the following criteria: The doctors must practice in Orange County and accept patients enrolled in Medi-Cal and Healthy Families, the state’s low-cost insurance program.
It has been well documented that California has a tough time attracting new doctors because of the high cost of living here, combined with the high costs of malpractice insurance (this is one… Read More