Colorado Gov. Jared Polis’s office released a plan Monday to limit how much the “state option” for insurance would pay hospitals, with a goal of reducing consumers’ monthly costs by up to 20%. The formula is almost certain to run into stiff opposition from the Colorado Hospital Association. But lawmakers say the rates are better than what some hospitals are currently receiving and the rate-setting will provide more certainty about how much hospitals can expect to be reimbursed for services. RELATED: How will Colorado’s public health insurance option work? And the plan will benefit rural hospitals, said Rep.
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Meg Wingerter, Saja Hindi, Denver Post: Business
Mon, 02/24/2020 - 4:37pm
Topics: colorado gov jared rep dylan roberts democrat avon katherine mulready these department health care policy financing november rand certainly this conor cahill colorado option cutting division the health care cost chris whaley hcci denver cautious billy wynne public option biting the colorado medical society dr david markenson cost the colorado consumer health initiative adam fox related articles new colorado creating every colorado i polis colorado hospital association related colorado s roberts roberts the so the medicare corporation medicaid coloradans hospitals insurance institute fort collins colorado springs we colorado consumers save state costs formula plan rates average rate lawmakers access proposal governor people pays procedure report county rural released create monthly support work pay aren extra small covered address buy apply release treat strategy move plans major numbers wanted cuts proposed expected money worked payments market largest approach markets means monday
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