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CO SB300
Bill
AI Summary
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Establishes the "Colorado High-risk Health Care Coverage Study Act" to authorize the Commissioner of Insurance to study methods of providing health care coverage to high-risk individuals and reducing premiums in the individual market.
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Directs the Commissioner to explore the feasibility of reinsurance programs or other high-risk programs, considering federal requirements, financial impacts to consumers and businesses, potential funding mechanisms, and procedural requirements for seeking federal waivers or authorization.
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Requires the Commissioner to engage with carriers, consumer groups, and other interested stakeholders in conducting the study.
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Mandates submission of a study report to the Joint Budget Committee and relevant legislative committees by October 1, 2017, with presentation to Senate and House health committees before the 2018 regular session.
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Article 22.5 is repealed effective June 30, 2018, making this a time-limited study and authorization.
Legislative Description
High-risk Health Care Coverage Program
Last Action
Governor Signed
6/2/2017