Most Colorado Option health plans aren't hitting cost-reduction target

Medical staff preform an outpatient surgery at Denver Health on March 15, 2023. Revenue from treating patients for all Colorado hospitals combined increased by about $898 million from 2021 to 2022, but care expenses grew by $1.7 billion, according to newly released data from the Colorado Hospital Association(Photo by RJ Sangosti/The Denver Post) — Medical staff perform an outpatient surgery at Denver Health on March 15, 2023. Revenue from treating patients for all Colorado hospitals combined increased by about $898 million from 2021 to 2022, but care expenses grew by $1.7 billion, according to newly released data from the Colorado Hospital Association. (Photo by RJ Sangosti/The Denver Post)

By Meg Wingerter | mwingerter@denverpost.com | The Denver Post

PUBLISHED: June 11, 2023 at 6:00 AM MDT | UPDATED: June 11, 2023 at 6:03 AM MDT

Getting your player ready...

If they don't reach agreements, the state could force some hospitals to accept lower rates to bring premiums down – a step the hospital industry argues it doesn’t have the authority to take under most circumstances.

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Most Colorado Option health insurance plans aren’t hitting state’s cost-reduction requirement

State could force some Colorado hospitals to take lower rates to help bring premiums down

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