HEALTH INSURANCE DRAFT REPORT


KREX 5 NEWS. THE ADMINISTRATION OF GOVERNOR POLIS HAS RELEASED A DRAFT REPORT OF A PROPOSED PUBLIC-OPTION INSURANCE PROGRAM IN COLORADO.é THE GOAL IS TO REDUCE THE COST OF HEALTH CARE — BY REQUIRING PRIVATER INSURERS TO OFFER A STATE- RUN PLAN FOR THOSE PAYING FOR THEIR OWN INSURANCE.é INSURERS WOULD CARRY THE FINANCIAL RISK, AND CONTRACT WITH PROVIDERS.é ACCORDING TO THE DRAFT REPORT… THE ‘STATE OPTION PLAN’ WOULD BE ANYWHERE FROM 9-PERCENT TO 18- PERCENT CHEAPER THAN WHAT WILL BE OFFERED IN 20-22.é BUT OFFICIALS WITH THE “COLORADO HOSPITAL ASSOCIATION” ARE CONCERNED…. THEY SAY GIVING RESIDENTS THE CHOICE TO LEAVE THEIR EXISTING COVERAGE TO ENROLL IN THE STATE OPTION, COULD DE- STABILIZE THE INSURANCE MARKET.é SOME OFFICIALS IN THE GRAND VALLEY ARE ALSO CRITICAL — SAYING NONE OF THE ‘PUBLIC COMMENT’ SESSIONS FOR THE PLAN ARE

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