SB 21-043 Summary

• Amends Part V of Colorado's FY 2020-21 budget to provide supplemental appropriations to the Department of Health Care Policy and Financing totaling $12.15 billion (increased from $12.05 billion).

• Increases funding for medical services premiums by approximately $208.5 million, behavioral health programs by roughly $70.2 million, and intellectual and developmental disabilities services by approximately $21.5 million.

• Provides supplemental appropriations for FY 2019-20 totaling $28.9 million to cover overexpenditures in medical services premiums, behavioral health capitation, and other Medicaid-related programs.

• Authorizes transfers between line items within the department and to the Department of Human Services for Medicaid-funded programs, with up to 5.0 percent transfer authority for information technology contracts.

• Includes a safety clause declaring the appropriations necessary for immediate preservation of public peace, health, and safety.