Colorado § 29-28-101 Legislative declaration

Colorado Statutes

§ 29-28-101 — Legislative declaration

Colorado·Title 29 Government·Art. Medical Provider Fees

(1)The general assembly finds and declares that:

(a)Medicaid reimbursement rates cover only approximately sixty-five percent of the actual costs incurred by service providers rendering services to medicaid recipients;

(b)Low medicaid reimbursement rates and increased caseloads have caused the costs to shift within the health-care delivery system, resulting in higher medical costs for the general population;

(c)The medicaid caseload continues to expand and, therefore, the need for providers to serve these medicaid recipients continues to increase;

(d)Rising health-care costs are a primary concern for Colorado citizens and businesses;

(e)It is therefore in the best interest of the state of Colorado to authorize local governments to impose a fee on certain medical providers

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(1) The general assembly finds and
declares that:

(a) Medicaid reimbursement rates cover only approximately sixty-five
percent of the actual costs incurred by service providers rendering services to
medicaid recipients;

(b) Low medicaid reimbursement rates and increased caseloads have caused
the costs to shift within the health-care delivery system, resulting in higher medical
costs for the general population;

(c) The medicaid caseload continues to expand and, therefore, the need for
providers to serve these medicaid recipients continues to increase;

(d) Rising health-care costs are a primary concern for Colorado citizens and
businesses;

(e) It is therefore in the best interest of the state of Colorado to authorize
local governments to impose a fee on certain medical providers to assist in
financing medicaid costs and the disproportionate share hospital payments for
providing medical services to low-income populations.

Colorado § 29-28-101 (Legislative declaration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.