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Gov. Arnold Schwarzenegger's health care reform proposal would:
Require all state residents to have health insurance coverage
Require all employers--except those with fewer than 10 employees--that do not offer health coverage to pay a fee equal to 4% of payroll
Subsidize premiums for low-income individuals with state funds
Impose new taxes on hospitals and doctors
Require health insurers to use 85% of premiums on patient care
Significantly raise Medicaid reimbursement rates to providers
Conform state tax treatment of health savings account contributions to federal law