PUBLIC OPTION FOR HEALTH CARE COVERAGE 1 Agenda 2 What - - PowerPoint PPT Presentation

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PUBLIC OPTION FOR HEALTH CARE COVERAGE 1 Agenda 2 What - - PowerPoint PPT Presentation

PUBLIC OPTION FOR HEALTH CARE COVERAGE 1 Agenda 2 What was the Impetus for the Recommendation? 3 What Did HB19-1004 Do? 4 Overview of Agency Process: Timeline Public Comments


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PUBLIC OPTION FOR HEALTH CARE COVERAGE

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Agenda

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What was the Impetus for the Recommendation?

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What Did HB19-1004 Do?

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MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER

Stakeholder Meetings Drafting Final Public Comments Accepted Drafting Report

11/15 8/30

Recommendation Delivered to General Assembly

10/28 10/7

Draft Report Released

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Overview of Agency Process: Timeline

HB19-1004 signed

5/17

Public Comments Accepted

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Overview of Agency Process: Stakeholders

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What Did We Hear?

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“I am having a very difficult time paying for this. I know there are lots of people like me who live in Colorado. I think more choices could bring more competition and help make it more affordable for us.” – Liz, El Paso County “It will provide a solid basis for leading the US by creating a State Coverage Option for Coloradans to obtain affordable health insurance coverage.”

  • Evon, Arapahoe County

“It's great that our government is finally taking heed to the fact that multitudes are suffering and need help with healthcare costs.”

  • Kyle, Coloradan

The whole health care system is

  • complicated. Option should be available

to every individual in the state. Making it available to everyone makes it simple. Simplify the system in order to make it patient-centered.

  • Susan, Boulder County
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What Did We Hear?

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The Recommendation

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What’s Covered?

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Who’s Covered?

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How Does this Save People Money?

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We can Save Even More with Federal Approval

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Maintaining Collaboration with an Advisory Board

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Maximizing Existing Infrastructure

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Why Is this More Affordable?

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How will Hospitals be Reimbursed?

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Why Establish Hospital Reimbursements?

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Provider Fee ACA

Data for both charts is from the Medicare Cost Reports, data extracted by the Department of Health Care Policy & Financing in 2019.

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Why are Hospitals Still Shifting Costs?

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2017 Hospital Profits

1 Medicare Cost Reports, data extracted by the Department of Health Care Policy & Financing in 2019 2 The Cost Shift Myth, Colorado Health Institute. (https://www.coloradohealthinstitute.org/research/cost-shift-myth) 1

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Tools to Monitor and Prevent Cost Shifting

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Working Together for Colorado’s Future

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Thank You and Next Steps

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