A union representing California healthcare workers is seeking to put two initiatives on next year's November ballot that would restrict salaries at not-for-profit hospitals and limit how much those hospitals can charge patients.
The proposed petitions were filed Friday with the state attorney general's office.
One would prohibit hospitals from charging more than 25% above their cost of providing patient care. The union, SEIU-United Healthcare Workers West, says state hospitals charge an average of 320% more than their actual cost, driving up costs throughout the healthcare system.
The second initiative would cap annual salaries for not-for-profit hospital executives at $450,000, the amount paid to the president of the United States. The union says the annual pay for the 10 highest paid not-for-profit hospital executives in California averaged $2.6 million in 2011, with one executive drawing more than $7.8 million.
Jan Emerson-Shea, a spokeswoman for the California Hospital Association, said the association is disappointed that the initiatives were filed.