The proposal mandates the Colorado School of Public Health to analyze draft model legislation for a single payer, nonprofit, publicly financed, and privately delivered healthcare system. The analysis, which would be completed by the end of 2026, would examine the potential costs, benefits, and impacts of such a system on Colorado residents, providers, and the broader healthcare industry.
The analysis would also estimate the costs of implementing the system, as well as its potential impact on different socioeconomic groups, including a racial equity impact assessment. Additionally, the analysis will explore how the system would align with existing federal and state requirements, including those under the ACA, Medicare, and Medicaid.
The proposed system would aim to provide comprehensive benefits to all state residents, including medical, dental, hearing, vision, and mental health services, as well as long-term care and support services. It would eliminate deductibles and copayments, instead providing funding through premiums based on an individual’s ability to pay. The system would also prioritize fair reimbursement rates for providers, fair drug and hospital prices, and equitable access to care, particularly for underserved populations in rural areas and historically marginalized communities.
