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S_FIN_2021A 03/24/2021 01:33:21 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 03/24/2021
Attendance
Hisey X
Lee X
Lundeen X
Scott X
Winter X
Bridges X
Pettersen X
Time 01:33:21 PM to 02:52:58 PM
Place Old Supreme Court
This Meeting was called to order by Pettersen
This Report was prepared by Katie Ruedebusch
Hearing Items Action Taken
SB21-085 Committee Discussion Only

SB21-085 - Committee Discussion Only
01:36:11 PM  
Senators Smallwood and Ginal introduced Senate Bill 21-085. The bill creates a process for actuarial review of proposed legislation that may create a new health benefit mandate on health insurance plans.
01:37:26 PM  
Sens. Smallwood and Ginal answered several committee questions.
01:50:10 PM  
Ms. Bethany Pray, representing Colorado Center on Law and Policy, testified in opposition to the bill.
01:54:37 PM  
Mr. Adam Fox, representing
Colorado Consumer Health Initiative, testified in opposition to the bill.
 Mr. Fox answered several committee questions.
01:54:51 PM  
Mr. Riley Kitts, representing Colorado Children's Campaign, testified to amend the bill.
02:01:05 PM  
Mrs. Amanda Massey,
representing Colorado Association of Health Plans (CAHP), testified in
support of the bill.
02:05:04 PM  
Mr. Jason Hopfer,
representing CAHP, testified in support of the bill.  He answered
several committee questions.
02:16:13 PM  
Ms. Katie Wolf, representing Colorado Chamber of Commerce, testified in support of the bill.
02:18:15 PM  
Mr. Tim Hebert, representing the Colorado Association of Health Underwriters, testified in support of the bill.
02:19:12 PM  
Mrs. Cindy Petersen, representing Colorado State Association of Health Underwriters, testified in support of the bill.
02:22:54 PM  
Ms. Lauren Masias, representing Colorado Competitive Council, testified in support of the bill.
02:28:17 PM  
Sens. Smallwood and Ginal discussed several amendments (Attachments A and B).


02:39:45 PM
 Motion Adopt amendment L.005 (Attachment A)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:40:41 PM
 Motion Adopt amendment L.008 (Attachment B)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
02:43:14 PM  
The committee took
a brief recess.
02:49:13 PM  
The committee came back to order.
02:49:34 PM  
The committee laid
over Senate Bill 21-085 to a future date for action only.


02:52:58 PM   The committee adjourned.






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