State Lawmakers Unveil ‘Colorado Affordable Health Care Option’

By Shaun Boyd | CBS Denver

DENVER (CBS4) – After years of talking about a public health insurance option, state lawmakers have introduced a bill to create the Colorado Affordable Health Care Option. It is a public-private insurance plan.

Under the bill, the state would force insurance companies to sell the plan in every county and every hospital would accept it or risk losing their license. The state would also set reimbursement rates based largely on a percentage of what Medicare pays.

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