Colorado’s Draft Public Option Caps Provider Reimbursement

By Ariel Cohen / October 9, 2019 at 11:17 AM
Colorado’s proposed public option will be administered by private issuers, not the state, and similarly to Washington state’s version would lower premiums by up to 18% by capping provider payments to a percentage of Medicare. The state’s plan to mandate participation among every carrier in the state over a certain size and to cap reimbursement below rates in the individual market sparked an immediate backlash from Colorado hospitals, which likened the proposal to government price controls. The state’s insurance division...

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