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CO SB300

Bill

Status

Passed

6/2/2017

Primary Sponsor

Kent Lambert

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Origin

Senate

2017 Regular Session

AI Summary

  • 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.

  • 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.

  • Requires the Commissioner to engage with carriers, consumer groups, and other interested stakeholders in conducting the study.

  • 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.

  • Article 22.5 is repealed effective June 30, 2018, making this a time-limited study and authorization.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

Committee Referrals

Committee of the Whole5/9/2017
Health, Insurance & Environment5/8/2017
Committee of the Whole5/3/2017
Health and Human Services4/26/2017

Full Bill Text

No bill text available