summary
Introduced
04/14/2025
04/14/2025
In Committee
05/05/2025
05/05/2025
Crossed Over
05/14/2025
05/14/2025
Passed
05/28/2025
05/28/2025
Dead
Signed/Enacted/Adopted
05/28/2025
05/28/2025
Introduced Session
2025 Regular Session
Bill Summary
CONCERNING THE CREATION OF THE PROVIDER STABILIZATION FUND TO MAKE PROVIDER STABILIZATION PAYMENTS TO ELIGIBLE SAFETY NET PROVIDERS THAT SERVE LOW-INCOME, UNINSURED POPULATIONS IN THE STATE, AND, IN CONNECTION THEREWITH, MAXIMIZING FEDERAL FUNDS TO STABILIZE THE HEALTH-CARE SAFETY NET AND MAKING AN APPROPRIATION.
AI Summary
This bill creates a Provider Stabilization Fund to help safety net healthcare providers that serve low-income and uninsured populations in Colorado. The bill was prompted by the significant drop in Medicaid enrollment following the end of the COVID-19 public health emergency, which resulted in over 500,000 Coloradans losing health coverage. The fund will be primarily financed through interest-free loans from the Unclaimed Property Trust Fund, with $25 million initially provided in 2025, decreasing to $15 million annually in subsequent years. A nine-member advisory board will be created to help oversee the fund, including representatives from safety net providers, low-income consumers, and a state department employee. Eligible safety net providers include rural health clinics, federally qualified health centers, comprehensive community behavioral health providers, and healthcare providers whose client caseload is at least 50% low-income, uninsured, or enrolled in Medicaid, Medicare, or the Children's Basic Health Plan. Providers can receive stabilization payments proportional to the number of low-income, uninsured individuals they serve, with the goal of reducing underpayment, ensuring access to affordable healthcare, and maintaining service quality. The fund is designed as a short-term solution to stabilize the healthcare safety net, with the loan to be fully repaid by January 1, 2045, and an annual report required to track its impact.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (56)
Judy Amabile (D)*,
Shannon Bird (D)*,
Jeff Bridges (D)*,
Scott Bright (R)*,
Kyle Brown (D)*,
John Carson (R)*,
Marc Catlin (R)*,
Lisa Cutter (D)*,
Lindsey Daugherty (D)*,
Tony Exum (D)*,
Lisa Frizell (R)*,
Iman Jodeh (D)*,
Barbara Kirkmeyer (R)*,
Dafna Michaelson Jenet (D)*,
Kyle Mullica (D)*,
Byron Pelton (R)*,
Janice Rich (R)*,
Dylan Roberts (D)*,
Cleave Simpson (R)*,
Katie Wallace (D)*,
Jennifer Bacon (D),
Matt Ball (D),
Andrew Boesenecker (D),
Sean Camacho (D),
Michael Carter (D),
Chad Clifford (D),
James Coleman (D),
Meg Froelich (D),
Lindsay Gilchrist (D),
Julie Gonzales (D),
Ryan Gonzalez (R),
Junie Joseph (D),
Cathy Kipp (D),
Mandy Lindsay (D),
Larry Liston (R),
Meghan Lukens (D),
Paul Lundeen (R),
Janice Marchman (D),
Tisha Mauro (D),
Julie McCluskie (D),
Karen McCormick (D),
Amy Paschal (D),
Rod Pelton (R),
Jacqueline Phillips (D),
Naquetta Ricks (D),
Robert Rodriguez (D),
Manny Rutinel (D),
Gretchen Rydin (D),
Emily Sirota (D),
Lesley Smith (D),
Matt Soper (R),
Katie Stewart (D),
Brianna Titone (D),
Michael Weissman (D),
Faith Winter (D),
Steven Woodrow (D),
Last Action
Governor Signed (on 05/28/2025)
Official Document
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