§ 25.5-4-503 — Waiver applications - authorization

(1) The state department
is authorized to apply for health insurance flexibility and accountability waivers
that will enable the state to add more flexibility to Colorado's medicaid program
and that will result in a cost-effective method of providing health-care services to
Coloradans.

(2) The state department shall pursue and, if approved, implement a
demonstration waiver that authorizes the state to use federal medical assistance
payments authorized pursuant to section 1903(v) of the federal Social Security
Act, as amended, in coordination with the division of insurance to enhance or
expand a state-subsidized individual health coverage plan as defined in section 10-16-1203 (15) and, only if needed to maximize federal financial participation, for
Coloradans receiving state medical assistance pursuant to section 25.5-2-104 or
25.5-5-201 (6). To the extent such federal funds are used to enhance or expand a
state-subsidized individual health coverage plan, as defined in section 10-16-1203
(15), the health insurance affordability enterprise created pursuant to section 10-16-1204 must receive, deposit into the health insurance affordability cash fund created
in section 10-16-1206, and allocate the federal share of the medical assistance
payments pursuant to section 10-16-1205 (2), subject to any conditions set forth in
the approval of the waiver.

Legislative History

Source: L. 2006: Entire article added with relocations, p. 1853, � 7, effective July 1. L. 2022: Entire section amended, (HB 22-1289), ch. 399, p. 2841, � 14, effective June 7.