Legislation


HB 1176 – Colorado

Status: Enacted
Year Introduced: 2019
Year Amended:
Link: https://leg.colorado.gov/bills/hb19-1176

Health Care Cost Savings Act of 2019: Concerning the enactment of the “Health Care Cost Savings Act of 2019” that creates a task force to analyze health care financing systems in order to give the general assembly findings regarding the systems’ costs of providing adequate health care to residents of the state. The task force is required to issue a request for proposals and select an analyst to complete a health care cost analysis of 4 health care financing systems. The health care financing systems to be analyzed are: The current health care financing system, in which residents receive health care coverage from private and public insurance carriers or are uninsured; A public option system in which health benefit plans are sold through, and revenues and premiums are received from, the Colorado health benefit exchange, with additional funding as necessary through the general fund; A multi-payer universal health care financing system, in which competing insurance carriers or health maintenance organizations receive payments from a public financing authority; and A publicly financed and privately delivered universal health care system that directly compensates providers.


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