Without a public option, Colorado still has outperformed Washington, according to the new research.
Since 2018, Colorado s benchmark premiums have fallen by 25.3%, compared to 15.5% increase in Washington state. Nationally, ACA average benchmark premiums have fallen by 6%, according to the Common Sense Institute.
Colorado has benefited from a number of steps by Gov. Jared Polis to reduce the cost of premiums, including a reinsurance pool for high-risk, high-cost people that lowered the overall rate, while the state pays insurers a fee.
The Common Sense Institute found that total enrollment in the Washington State Public Option was 1,872 as of January 2021. The number of new members who signed up for the public option â i.e. those who did not previously have coverage through the Washington Health Benefit Exchange â was 1,114, according to the report. Before the pandemic, Washington State had 481,700 uninsured residents. This means, at best, the public option r
Ahead of a Colorado Chamber of Commerce announcement on the impact of new taxes, the Denver-based Common Sense Institute added up the costs in an analysis obtained by Colorado Politics Monday morning.
Whether they are fees, which the legislature can authorize, or taxes that must be approved by voters, current proposals would ring up $1.8 billion a year in each of the next three to five years, analysts estimated.
While that s good for state government, it will be a strain for recovering businesses, experts are expected to say at a Tuesday press conference.
The white paper breaks down the cost of each individual proposal.