By Katie Kerwin McCrimmon Competition among health insurance companies should be brisk in Colorado, according to an analysis by a consumer health advocacy group. As weve dug more deeply, weve seen enough competition that we think Colorados going to have a really good marketplace, said Dede de Percin, executive director of the Colorado Consumer Health Initiative (CCHI). Despite doomsday predictions, the state is not seeing rate shock, so many of the choices will be more affordable, especially with the subsidies. Regulators from Colorados Division of Insurance (DOI) are reviewing all proposed plans and must approve or deny them by July…
Category: Health Care Industry - Part 8
By April Giles Gov. John Hickenlooper recently highlighted the vital work of Colorados biopharmaceutical industry. Weve had over 3,000 clinical trials of new medicines since 1999, he said. They allow health care providers new opportunities to predict, pre-empt and prevent illness. It was a timely reminder. Our state hosts more than 600 bioscience firms and employs over 122,000 Coloradoans in direct and indirect jobs. A new report by the Analysis Group titled Innovation in the Biopharmaceutical Pipeline: A Multidimensional View shows that thousands of promising new drugs are in development, but we need to ensure that these promising innovations arent…
By Katie Kerwin McCrimmon Rate shock. What rate shock? That seems to be the initial reaction both in Colorado and in states like California as rates for new plans proposed under Obamacare begin to emerge. Here in Colorado, while regular folks enjoyed Memorial Day, health policy geeks and insurance actuaries were mining a state website trying to find out how hundreds of proposed rates in Colorado look. The news about Colorado rates has been very slow to emerge because Colorados Division of Insurance (DOI) had a computer snafu that prevented industry insiders and members of the public from easily analyzing…
By Francis M. Miller In 1872, John Wesley Powell, the one-armed Civil War major, who hadled the 1869 descent of the Grand Canyon, was carefully guiding his horse through the sagebrush on the Colorado Plateau of the Great Basin. Powells first encounters with Indians in that vast aridregion generated a fascination that lasted a lifetime.On this triphesought an understanding of the Numa who consisted of the Paiute, Ute and Shoshone tribes.Even in the late 19th century, these peoplewere living a stone-age existence and contact with Europeans had been minimal. Powelldiscovered two things on that tripthat stunned him. Itdominated his thinking…
By Dr. Thomas Gottlieb Coloradans need health care. Its a basic human right. Yet as we get more information about Colorados new health insurance exchange, it seems less certain that people will get the health care they need. The exchange, also called a marketplace, seems more complex every day. I wonder if Coloradans who need the help most will even be able to understand this new system, much less figure out how to get care. There is a simple solution.We need universal health care, specifically a public single-payer health system that would assure all of us who need care can…
By Debra Judy The Colorado Consumer Health Initiative is celebrating the end of the Colorado legislature because the takeaway is Colorado health care consumers win big this session! For all of us, getting the care we need, when we need it isnt too much to ask. So we were delighted that Colorados legislators and Gov. John Hickenlooper really took this idea to heart this year as they helped move toward barrier-free access to quality and affordable health care for all Coloradans. Sponsored by Rep. Beth McCann and Sen. Irene Aguilar, the bill to modernize stop-loss health insurance is an important…
By Katie Kerwin McCrimmon Coloradans hunting for health insurance will have 19 companies competing for their business with up to 1,000 different plans that could be offered through the states new health exchange and on the open market. Starting in 2014, for the first time, insurance companies selling to individuals wont be able to exclude people with pre-existing health conditions. Thats one of the reasons consumers and competitors are eagerly awaiting plan details and costs, which Colorado authorities plan to unveil Wednesday. For now, Colorados Commissioner of Insurance Jim Riesberg says hes pleasantly surprised that 19 health insurance companies want…
By Katie Kerwin McCrimmon Colorados health exchange board approved a new federal grant request of $125 million on Friday that will include about $13 million to provide in-person assistance to the uninsured. Some board members tried but failed to boost the grant request even higher to between $133 and $135 million to ensure that Colorado will have enough money to reach out to people who may never have had health insurance and could need extensive help signing up for federal subsidies starting this fall. Now dubbed Connect for Health Colorado, the new exchange is slated to start signing up customers…
By Francis M. Miller The script for the Colorado Health Benefits Exchange is beginning to read like the storyline of Gilligans Island. It all started as a three-hour tour. From the outset the debate has centered on whether Colorado should set up its own exchange or have the feds do it for us. So far, 13 states, including Colorado, have opted to set up state-run exchanges. More than half the states, 26 of them, are refusing to participate and the feds will have to run it out of Washington, D.C. This has pretty much divided along party lines with Republican-led…
By Katie Kerwin McCrimmon Despite outrage from some lawmakers who called review of Colorados health exchange a mockery, a bid for an additional $125 million in federal dollars is likely to move forward by next week. I would anticipate that we will sign off on this, said Sen. Irene Aguilar, D-Denver. This (federal) money exists. If we dont take it, were going to have citizens picking up the costs for their premiums. Our goal is to have the most successful exchange in the country and this is part of that. Related: Governor adds deputy to health exchange board Mediator to…