Our State is Facing Unaffordable Health Care Prices.
Coloradans continue to struggle with unaffordable health care costs and too few health insurance options. Unaffordable bills, increasing drug prices, and a dearth of insurance carrier competition mean many families face enormous hurdles paying for care. HB 19-1004 and SB 19-004 seek to bring options for health care across Colorado and drive down costs.
HB 19-1004 asks the Coloradan government to craft a proposal for a new coverage option that builds on existing state infrastructure to increase affordability and competition for Coloradans who sorely need it. SB 19-004 provides an opportunity for a pilot program for individuals in a designated area to partake in the group medical plans offered to state employees.
With a uniquely Colorado problem on our hands, it’s time for a uniquely Colorado solution. HB 19-1004 and SB 19-004 are innovative, efficient, cost-effective, and truly unique bills that are designed to address our Colorado crisis of health care affordability.
WHAT COLORADANS ARE FACING:
- Over the last several years,Eastern and Western Coloradans saw double-digit average individual rate increases, reaching higher than 30% on multiple occasions.
- Citizens of 14 Colorado counties only have one insurance carrier option on the state exchange.
- Less than 50% of Coloradans have access to insurance through their employer. We need to find ways to make individual plans more affordable and accessible.
- Congress could help stabilize these insurance costs, but it is unlikely to happen anytime soon. It’s time for Colorado legislators to act for Coloradans.