Source: Colorado Sun
Preparing to enter its second year, one of Gov. Jared Polis’ signature health care policies is now facing significant questions raised by insurers about its sustainability.
The dispute has to do with a health insurance program called the Colorado Option. The Colorado Option is a first-of-its-kind, state-designed insurance plan that private insurance companies are required to sell to people who buy health insurance on their own or to small companies buying insurance for their employees. It aims to offer better benefits at lower prices.
But new rate filings raise the question of whether insurers will be able to pull off that feat — and who is to blame if they can’t.
A setback for the Colorado Option would be a blow for Polis, who frequently celebrates the program as one of his administration’s major policy achievements.
