Commissioner Conway described the benefits that would be included in plans offered through the state health insurance option, and which Coloradans would be eligible to purchase the plans. He discussed the possibility of obtaining a federal waiver prior to implementing the option.
Ms. Bimestefer described the creation of an advisory board to guide implementation of the option. She explained the cost containment measures in the option pertaining to drug manufacturers, insurance companies, and hospital reimbursements. Ms. Bimesterfer further described hospital profits and reimbursements in Colorado, compared to other states.