The Colorado State Legislature is working to establish a public health insurance option that would drastically increase health care costs for individuals and families while also placing a heavy burden on hospitals.
Colorado HB21-1232, the Standardized Health Benefit Plan Colorado Option, would discourage individuals from selecting plans from private health care providers in favor of the public option. In addition to driving up premium costs and driving down innovation, this bill would:
- Make it significantly more difficult for Coloradans to access the health care they need.
- Reduce the reimbursement and compensation hospitals receive for providing care.
- Cause many rural hospitals to lose money, reduce services or even close, which puts our more isolated neighbors at higher risk of not receiving medical attention quickly.
Compared to other states, Coloradans currently face fewer regulatory restrictions to health care. Implementing a public option could change that for the worse.
Urge your lawmakers to oppose HB21-1232!