Romer: The economic risks of the state health insurance option

The administration of Gov. Jared Polis unveiled a new plan for changing Colorado’s health care sector. The plan would create a so-called public option — a state-run insurance program — that offers the promise of lower premiums. Details of the plan can be found at Proposal for Affordable Health Coverage Option.

We join business groups and associations around the state in applauding the renewed focus policymakers and elected officials have placed on ensuring every Coloradan has access to affordable, quality health coverage and care. However, the “state option” proposed by the Division of Insurance and Department of Health Care Policy & Financing seems to be a step in the wrong direction that could have grave consequences.

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