What the Public Option bill means for Haxtun Health, NE Colorado
From the perspective of Haxtun Health’s CEO
May 12, 2021
A public option bill currently in review by the Colorado Legislature seeks to lower the cost of healthcare by allowing the state government to set service costs. The bill, Colorado Option HB20-1349, mandates that health insurance premiums set by insurance companies be reduced in price by 20 percent. If insurance companies do not meet this requirement, then hospitals — including Haxtun Health — will get paid 20 percent less. While paying less for insurance seems positive at face value, Dewane Pace, Chief Executive Officer for Haxtun Health, warns about what may happen to patients in r...