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s_sa_2018a_2018-05-04t14:55:21z3 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1392

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date May 4, 2018      
Location SCR 357



HB18-1392 - Committee Discussion Only


03:55:35 PM  

Senator Donovan and Senator Coram, co-prime sponsors, presented House Bill 18-1392 to the committee.  The bill requires the Commissioner of Insurance to seek federal approval to establish a reinsurance program to lower health insurance premiums.

04:12:36 PM  

Rebecca Weiss, representing Anthem, testified against the bill.

04:14:36 PM  

Loren Furman, representing the Colorado Association of Commerce and Industry, testified against the bill.

04:15:36 PM  

Marc Reece, representing Aetna, testified against the bill.

04:16:36 PM  

Tony Gagliardi, representing the National Federation of Independent Business, testified against the bill.

04:26:18 PM  

Mr. Reece responded to comments from the committee.

04:28:41 PM  
Mr. Gagliardi responded to questions from the committee.
04:29:22 PM  
Travis Berry, Colorado Competitive Council, testified in opposition to the bill.
04:31:27 PM  

Michael Conway, representing the Division of Insurance, Department of Regulatory Agencies, testified in support of the bill.

04:35:27 PM  

Commissioner Rachel Richards, representing Pitkin County and Counties and Commissioners Acting Together, testified in support of the bill. She provided a packet of handouts to the committee [Attachment A].

04:37:16 PM  
Commissioner Richard Cimino, representing Grand County, testified in support of the bill.
04:37:48 PM  
Mr. Conway responded to committee member comments.
04:41:03 PM  
Gini Pingenot, representing Colorado Counties, Inc., testified in support of the bill.
04:46:58 PM  
Bethany Pray, representing the Colorado Center on Law and Policy, testified in support of the bill.
04:49:36 PM  
Kevin Burns, representing Vail Resorts, testified in support of the bill.
04:49:50 PM  
Senators Coram and Donovan wrapped up their presentation of the bill.

The chair laid the bill over for action later in the calendar.