I found some information on this bill online:
https://www.pnhpillinois.org/311summary.php
At the top they claim that the savings alone from "paperwork" will be able to pay for this initiative, which sounds a bit dubious. However at the the bottom of the page there is a small section that explains the financing a bit:
Quote:
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The program would be paid for by combining current sources of government health spending into a single fund with modest new taxes that would be fully offset by reductions in premiums and out-of-pocket spending.
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I would be interested to see some of their number crunching on this. While I am averse to new taxes considering the already heavy burden for taxpayers in this state, this would definitely be a worthy cause that we should pursue.