Senate Republican Health Bill Would Harm Colorado's Workers - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 1, 2017 Newswires
Share
Share
Post
Email

Senate Republican Health Bill Would Harm Colorado’s Workers

Targeted News Service (Press Releases)

WASHINGTON, June 30 -- The Center on Budget & Policy Priorities issued the following news release:

The Senate Republican bill to repeal the Affordable Care Act (ACA) would increase the number of uninsured by 22 million people by 2026, the Congressional Budget Office estimates. Colorado would see particularly deep coverage losses, because the Senate bill would effectively end the state's Medicaid expansion under the ACA and would slash the subsidies that help people afford coverage in the individual market. Many Coloradans who didn't lose coverage under the Senate bill would end up with worse or less affordable health insurance.

The Senate bill would effectively end the ACA's Medicaid expansion and would also radically restructure Medicaid funding in all states, cutting federal Medicaid spending by $772 billion over ten years and slashing enrollment by 15 million people by 2026. It would also cut subsidies that help people afford coverage and care in the individual market. Overall, the bill would cut more than $1.2 trillion from Medicaid and marketplace subsidies to finance tax cuts for high-income people and corporations.

Plan Would Leave Many of Colorado's Workers Uninsured

In 2015, only 57 percent of employers nationally offered health benefits to their employees. Many of those who don't get coverage through their jobs rely on Medicaid coverage for themselves and their families.

423,000 Coloradans would likely lose the coverage they gained through Colorado's Medicaid expansion under the Senate health bill. Many work (or recently worked) in jobs that pay low or moderate wages but are crucial for the state's economy. For example:

See here (http://www.cbpp.org/research/health/senate-republican-health-bill-would-harm-colorados-workers)

Without Medicaid expansion coverage, many of these Coloradans would likely become uninsured. In addition, the Senate bill's proposal to cap and cut federal Medicaid funding would result in deep and growing cuts to state Medicaid programs. That would result in increasingly severe Medicaid cuts to the children, seniors, and people with disabilities in Colorado who rely on the program today. They could end up uninsured or going without needed health and long-term care.

Older

Missouri Director of Insurance: No Bare Counties for Health Insurance in 2018

Newer

Global Execs Zero in on Technology, Compliance and Geo-Political Threats – BDO Global Risk Landscape Study

Advisor News

  • Are families ready for the costs of aging at home?
  • When a client moves, their insurance plan needs to move, too
  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
More Advisor News

Annuity News

  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
More Annuity News

Health/Employee Benefits News

  • Georgia trims payments for foster children’s autism therapy
  • ATTORNEY GENERAL KEN PAXTON INVESTIGATES UNITEDHEALTH GROUP FOR DENYING PATIENTS THE COVERAGE THEY NEED AND ENGAGING IN DECEPTIVE PRACTICES
  • Trump announces $90 payment to Medicare Part B enrollees
  • Former CEO of health insurance giant Trigon dies
  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
  • AM Best Comments on Issuer Credit Ratings of Pacific Life Insurance Company’s Commercial Paper Following Amendment to Program
  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.