E6AA32DB290D9110872587F2007AA8A9 Hearing Summary

PUBLIC
BILL SUMMARY For SB22-040

SENATE COMMITTEE ON FINANCE
Date Feb 23, 2022
Location Old Supreme Court

SB22-040 - Amended, referred to Senate Appropriations

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03:19:49 PM

Sens. Smallwood and
Winter introduced Senate Bill 22-040. The bill creates a process
for actuarial review of proposed legislation that may create a new health
benefit mandate on health insurance plans. The sponsors answered
some committee questions and discussed various amendments. Written
testimony may be found in Attachment E.

03:21:04 PM

Ms. Bethany Pray, representing the Colorado Center on Law and Policy, testified to amend the bill. Mr. Jason Hopfer, representing the Colorado Association of Health Plans, testified to amend the bill.

03:32:34 PM

Mr. Stuart Jenkins, representing Healthier Colorado, testified in support of the bill. Mr. Michael Conway, representing the Division of Insurance, testified in support of the bill.

03:39:08 PM	Motion	Adopt amendment L.002 (Attachment F)
	Moved	Winter
	Seconded

	Donovan
	Hisey
	Lee
	Priola
	Scott
	Winter
	Bridges
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

03:39:52 PM	Motion	Adopt amendment L.005 (Attachment G)
	Moved	Winter
	Seconded

	Donovan
	Hisey
	Lee
	Priola
	Scott
	Winter
	Bridges
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

03:40:17 PM	Motion	Adopt amendment L.006 (Attachment H)
	Moved	Winter
	Seconded

	Donovan
	Hisey
	Lee
	Priola
	Scott
	Winter
	Bridges
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

03:41:36 PM	Motion	Refer Senate Bill 22-040, as amended, to the Committee on Appropriations.
	Moved	Winter
	Seconded

	Donovan	Yes
	Hisey	Yes
	Lee	Yes
	Priola	Yes
	Scott	Yes
	Winter	Yes
	Bridges	Yes
	Final	YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB22-040 - Amended, referred to Senate Appropriations

Colorado General Assembly