Even though it no longer creates a government-run public option medical plan, Senate Democrats praised themselves for passing their so-called public option bill Wednesday.
The measure, HB1232, originally called for creating a state-run public option to be offered on Coloradoâs health care exchange if insurance companies didnât, on their own, lower premiums 20% by the end of 2024.
But because of so much pushback from medical providers and hospitals, the bill was altered to mandate that insurance carriers gradually lower premiums by 18% by 2025.
The bill also calls on the stateâs commissioner of insurance to develop a standardized health insurance plan that private carriers would have to offer on the individual and small-group markets, and one that providers would have to accept.
.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... ....
DENVER Colorado state senators clashed over government control of health care pricing and affordability in their first debate Tuesday on a bill that would require insurers to offer a standard health plan to individuals and small businesses and sanction hospitals and other health care providers that don’t participate.
The so-called “Colorado Option” sponsored by Democratic Sen. Kerry Donovan and Reps. Dylan Roberts and Iman Jodeh is much smaller than the state public health care option long sought by Donovan, Roberts and Democratic Gov. Jared Polis. It has seen numerous changes and incessant lobbying by the health care industry as well as patient advocacy groups since its inception, and it underwent more modifications Tuesday.
Colorado Senate takes on health insurance bill durangoherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from durangoherald.com Daily Mail and Mail on Sunday newspapers.