CA AB160

Increases the Medi-Cal per enrollee tax amount for Medi-Cal taxing tier II from $205 to $274 for calendar years 2024, 2025, and 2026.

Applies the $274 tax rate to managed care plans with countable Medi-Cal enrollees between 1,250,001 and 4,000,000 enrollees during the specified years.

Raises the other taxing tier II per enrollee tax from $1.75 to $2.00 in 2025 and to $2.25 in 2026.

Reappropriates specified balances from the Budget Act of 2023 for the State Department of Health Care Services, making funds available for encumbrance or expenditure until June 30, 2025.

Requires a two-thirds vote of each house of the Legislature due to the tax increase, and takes effect immediately as a budget-related appropriations bill.