Small Business Majority testifies in support of Colorado Reinsurance Bill

Tuesday, April 23, 2019

Colorado Director Hunter Railey testifies in support of HB19-1168, which authorizes Colorado to seek a state innovation waiver from the U.S. Department of Health and Human Services to create and operate a reinsurance program. This program would help health insurers provide coverage to the highest-cost consumers, allowing them to keep premiums lower for other consumers. Creating a reinsurance program is a practical, achievable step that will strengthen Colorado’s marketplaces and prevent further increases in healthcare costs, protecting hard-won benefits for the state’s small business community.