After several tries, the bill to set up the Colorado Option Health Benefit Plan got its first hearing Friday in the House Health & Insurance Committee in a 10-hour hearing that drew more than 100 witnesses. But negotiations that went on all day Friday between sponsors and the healthcare industry means action on the bill — including amendments — will be delayed until next Tuesday. As introduced, House Bill 1232 gives the healthcare industry — doctors, hospitals and health insurers — two years to reduce health insurance premiums by 20% (10% per year) in the individual and small group market. The individual market is about 8% of insured Coloradans; the small group market, which is small businesses with 1 to 100 employees, is about 15% of insured Coloradans.