Three things to know:
1. The state Senate voted to advance the “Colorado Option” on May 26. Under the plan, a government-backed health plan will be available on the individual and small-group market.
2. The Colorado Option would operate more like a “public-private option,” according to CPR News, as it would require insurers to sell a health plan with state-defined benefits.
3. The state would regulate the health plan’s prices, according to the report.
