0451A548CF79296487258ACA0067CA3B Hearing Summary

Senators Smallwood and Rodriguez, primary bill sponsors, presented Senate Bill 24-073. Current law defines a small employer eligible for a small group health benefit plan as an individual, firm, corporation, partnership, or association that employs between one and 100 employees. The bill reduces the upper threshold to 50 employees on January 1, 2026.

Michael Conway, representing Division of Insurance, testified to amend the bill.

Adam Fox, representing Colorado Consumer Health Initiative, testified in opposition to the bill.

Lindsey Vigoda, representing Small Business Majority, testified in opposition to the bill.

Committee members asked the panel questions.

Senators Smallwood and Rodriguez provided closing remarks. The primary bill sponsors shared a handout with the committee (Attachment C).

Committee members provided closing remarks.