Bill to eliminate Colorado’s health insurance exchanges passes first vote

The Colorado Senate Finance Committee took the first step of shutting down the state’s health insurance exchange by passing a bill that would eliminate Connect of Health Colorado, according to The Denver Post.

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Beginning in 2018, Senate Bill 3 would require individuals buying health plans on the state exchange to use the federal exchange, HealthCare.gov, should the ACA remain intact. The measure passed by a 3-2 vote, with the majority of Republicans voting in favor of the bill and the majority of Democrats opposing it.  

The measure needs another committee vote before moving on to the state Senate, according to the report.

Colorado’s health insurance exchange reported a 12 percent increase in health plan signups during the three months of open enrollment for 2017 coverage compared to last year, breaking its previous record.  

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