Latest version of Colorado paid-family-leave bill blasted from all sides

Hunter Railey — Colorado director for Small Business Majority, an organization that has pushed for establishment of a paid-family-leave program for years — said he’s been told by state officials that insurers will be allowed a 25% profit margin on policies, which is 5% higher than any health insurer can earn under the federal Affordable Care Act. Such a margin stands to make the policies so expensive that small employers will struggle to be able to afford them, particularly if they have workers who go out for long periods of time and they have to pay someone to replace them in addition to paying for the insurance.

Publication: 
Denver Business Journal