3D5D47B8E3EC776D8725899C0054E9A1 Hearing Summary

Speaker McCluskie and Representative Brown, co-prime bill sponsors, presented House Bill 23-1303, concerning protections in the event of an insurance company failure. The bill makes several changes to procedures relating to insolvent insurers, including adding health maintenance organizations to the Colorado Life and Health Protection Association. The bill sponsors responded to questions from the committee.

Dr. Donna Lynne,
representing Denver Health, testified in support of the bill.



Greg McCarthy,
representing the Denver Health Medical Plan, testified in support of the
bill.



Adam Fox, representing
the Colorado Consumer Health Initiative, testified in support of the bill.



Lindsey Vigoda,
representing the Small Business Majority, testified in support of the bill.



The panelists
responded to questions from the committee.

Katherine Wallat,
representing the Colorado Center on Law and Policy, testified in support
of the bill.



Keith Mancini,
representing Empower, testified in support of the bill.



Commissioner Tamara
 Pogue, representing Counties and Commissioners Acting Together, testified
in support of the bill.



Anne Ladd, representing
the Peak Health Alliance, testified in support of the bill.



The panelists
responded to questions from the committee.

Melissa Young, representing
the American Council of Life Insurers, testified in support of the bill.
 



Saskia Young,
representing the Colorado Association of Health Plans, testified in support
of the bill.  



Douglas Wheeler,
representing New York Life, testified in support of the bill.  



Susan Callanan,
representing Northwestern Mutual, testified in support of the bill.



The panelists
responded to questions from the committee.

Ted Kennedy, representing AIG/Corebridge Financial, testified in support of the bill.

Eric DuPont, representing Guardian Life, testified in support of the bill.

Commissioner Michael Conway, representing Colorado Division of Insurance, testified in support of the bill, and responded to questions from the committee.

Representative Brown made concluding remarks about the bill. Committee members commented on the bill.