6B3DE6EA372F21C487258283007AA32D Hearing Summary

Senator Donovan and Senator Coram, co-prime sponsors, presented House Bill 18-1392 to the committee.  The bill requires the Commissioner of Insurance to seek federal approval to establish a reinsurance program to lower health insurance premiums.

Rebecca Weiss, representing Anthem, testified against the bill.

Loren Furman, representing the Colorado Association of Commerce and Industry, testified against the bill.

Marc Reece, representing Aetna, testified against the bill.

Tony Gagliardi, representing the National Federation of Independent Business, testified against the bill.

Mr. Reece responded to comments from the committee.

Mr. Gagliardi responded to questions from the committee.

Travis Berry, Colorado Competitive Council, testified in opposition to the bill.

Michael Conway, representing the Division of Insurance, Department of Regulatory Agencies, testified in support of the bill.

Commissioner Rachel Richards, representing Pitkin County and Counties and Commissioners Acting Together, testified in support of the bill. She provided a packet of handouts to the committee [Attachment A].

Commissioner Richard Cimino, representing Grand County, testified in support of the bill.

Mr. Conway responded to committee member comments.

Gini Pingenot, representing Colorado Counties, Inc., testified in support of the bill.

Bethany Pray, representing the Colorado Center on Law and Policy, testified in support of the bill.

Kevin Burns, representing Vail Resorts, testified in support of the bill.

Senators Coram and Donovan wrapped up their presentation of the bill.

The chair laid the bill over for action later in the calendar.