Reaction to the first draft of the Colorado Health Care Option bill, sponsored by Rep. Dylan Roberts, D-Eagle, and Sen. Kerry Donovan, D-Vail, runs the gamut.
The draft bill, first reported by Colorado Politics, sets a two-year timeline for the health industry to reduce premiums by 20% for the individual group market. Should that fail, the state would set up a quasi-public health plan to cover the individual and small group market, a total of about 15% of all insured people in Colorado. The state option, which would go into effect Jan. 1, 2025, would set rates for healthcare services in an attempt to reduce costs.Â