§ 10-16-1302 — Legislative declaration - intent

Colorado § 10-16-1302

• Jurisdiction: Colorado
• Title 10: Insurance
• Art.: Health-care Coverage

Text

(1) The general assembly,
through the exercise of its powers to protect the health, peace, safety, and general
welfare of the people of Colorado, hereby finds that:

(a) Health insurance coverage has been demonstrated to have a positive
impact on people's health outcomes as well as their financial security and well-being;

(b) Ensuring that all people have access to affordable, quality, continuous,
and equitable health care is a challenge that public officials and policy experts
have faced for decades despite seemingly constant efforts to address the issue;

(c) Although great strides have been made in increasing access to health-care coverage through federal and state legislation, not enough has been
accomplished to address the affordability of health insurance in Colorado,
particularly in the state's rural areas and for Coloradans who have historically and
systemically faced barriers to health, including people of color, immigrants, and
Coloradans with low incomes;

(d) The health-care system is a complex system wherein consumers rely on
health insurance carriers to negotiate the rates paid to health-care providers,
pharmaceutical companies, and hospitals for services provided and expect that the
negotiated rates are closely tied to the amount of the health insurance premiums
paid;

(e) Despite efforts to address access to and affordability of health care,
underlying health-care costs continue to rise, thus driving up the costs of health
insurance premiums, often at disproportionate rates in rural areas of the state; and

(f) In order to ensure that health insurance is affordable for Coloradans, it is
critical that the state establish a standardized plan for carriers to offer in the state
and set premium reduction targets for carriers to achieve.

Legislative History

Source: L. 2021: Entire part added, (HB 21-1232), ch. 241, p. 1278, � 1, effective June 16.