Bryan Ruiz’s palms have been still shaking an hour after he discovered the $300,000 in medical faculty loans he took out to become a dentist had been being wiped away by California taxpayers.
A year out of medical faculty, Ruiz thought it could take decades to repay the debt, significantly since he had accepted a much less lucrative position at a neighborhood health clinic that primarily serves low-income Medi-Cal sufferers.
“This is life-changing,” he stated.
Ruiz was among the many first physicians and dentists informed this month that their medical college debt was being paid off by the state. In trade, doctors should pledge that at least 30% of their caseloads will probably be dedicated to Medi-Cal patients for five years.
“He’s dedicated his life to this type of service, and that’s what our mortgage repayment program is about,” Gov. Gavin Newsom mentioned of Ruiz at a news conference last week touting healthcare investments within the newly enacted California funds. “When you support offering quality care to Medi-Cal patients, we’re going to support your journey by offering a little bit of relief on these loans.”
The funds made the funding for that program permanent for future years, key precedence for the commission.
“A major down payment has been made with this budget,” stated David Carlisle, president of Charles R. Drew University of Medicine and Science in Los Angeles and a member of the healthcare commission. “It represents a big realization and response to the challenges that exist. We have to proceed to work on this matter because there’s more work to be done.”