The Colorado Health InsuranceOption would, among other actions, reduce reimbursement rates tohospitals so that they're more in line with Medicare rates. (Image:Shutterstock)
While politicians in Washington are still sparring about whethera public option should even exist when it comes to health care,Colorado is already moving down that road with the release of itsnext step toward creating a public option that it estimates couldsave consumers as much as much as 20 percent on their monthlypremiums.
According to Colorado Public Radio, the state's Democraticgovernor, Jared Polis, has been developing a plan to do just thatin his efforts to cut insurance premiums—although his efforts toaddress costs with hospitals have been somewhat adversarial.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
