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32777653D13A520D87258838005C4198 Hearing Summary


Date May 4, 2022      
Location Old State Library

SB22-040 - Referred to House Appropriations

10:47:42 AM  

Representative Lontine, bill sponsor, introduced Senate Bill 22-040. The bill creates a process for the actuarial review of proposed legislation that may impose a new health benefit coverage mandate or reduce or eliminate coverage mandated under health benefit plans. By September 1, 2022, the Division of Insurance (DOI) in the Department of Regulatory Agencies must facilitate a stakeholder meeting concerning actuarial review methodology. By November 1, 2022, the DOI must contract for actuarial support to conduct reviews of up to six bills; however, the DOI must have adequate resources within existing appropriations before it compensates an actuarial contractor.

10:51:38 AM  

Mr. Stuart Jenkins, representing Healthier Colorado, testified in support of the bill. Deb Judy, representing DOI, testified in support of the bill. Jason Hopfer, representing the Colorado Association of Health Plans, testified in an amend position on the bill. The panelists responded to questions from the committee.

11:02:06 AM  
Representative Lontine gave final comments on the bill.

11:05:55 AM
Motion Refer Senate Bill 22-040 to the Committee on Appropriations.
Moved Lontine
Seconded Titone
Froelich Yes
McCormick Yes
Mullica Yes
Ransom Yes
Sirota Yes
Soper Yes
Titone Yes
Will Excused
Williams Yes
Ortiz Yes
Lontine Yes
Final YES: 10   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS

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