Colorado May Set Fees for Some Doctors and Hospitals
What You Need to Know Colorado House Bill 21-1232 would require insurers in the individual and small-group markets to offer standardized health plans. By 2025, premium rates for the standardized plans would have to be 18% lower than the carriers' 2021 rates, adjusted for medical inflation. Starting in 2026, rate increases would be capped at the medical inflation rate. Colorado lawmakers are close to giving final approval to a bill that could give the state’s insurance commissioner the authority to set some reimbursement rates for some doctors and some hospitals. The current version of HB21-...