A California ballot initiative to establish a $450,000 compensation limit for healthcare executives qualified for the 2026 ballot on May 12. The limit would be increased by 3.5% or the annual rate of change in the U.S. Consumer Price Index for Urban Wage Earners and Clerical Workers (U.S. CPI-W), whichever is lower. The initiative would apply to executives and managers of private hospitals, private physician groups, and public hospitals owned by special districts, and exclude county-operated hospitals and physician groups with fewer than 25 employees. The limit would be effective for the 2027 calendar year. READ MORE