3DE770166D9331F68725851A007531A5 Hearing Summary

Representative Buck, bill sponsor, presented House Bill 20-1199 to the committee. The bill reduces the minimum attachment point for stop-loss health insurance used with self-insured employer health plans to $10,000 per person for policies issued or renewed on and after January 1, 2021.  Under current law, the minimum attachment point for large employers is $15,000 per person and $20,000 per person for small employers of not more than 50 employees.

Representative Lontine proceeded with witness testimony on the bill.

Hunter Railey, Small Business Majority, testified in opposition to the bill.  Emma Sargent, Colorado Consumer Health Initiative, testified in opposition to the bill.  Caitlin Westerson, Colorado Consumer Health Initiative, responded to committee questions.  Representative Buck responded to committee questions.

Mike Patton, Quandary Insurance, testified in support of the bill.  Julie DeSaire, Miramont Family Medicine, testified in support of the bill.  The witness panel responded to committee questions.

Representative Buck gave closing remarks on the bill.  Committee members commented on the bill.