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FAQs

What if there isn’t enough money collected from premiums to pay for all the needed care? What happens then?

That is unlikely because health care economists will calculate how much health care costs in Colorado now and will adjust the premiums to cover those costs with an inflation factor built in to the cost and therefore the premium each… Read More »What if there isn’t enough money collected from premiums to pay for all the needed care? What happens then?

Will people who work for private commercial insurance companies lose their jobs? Where will they work instead?

Yes, some people who work for private commercial health insurance companies, for health care providers and hospitals will lose their jobs because fewer people will be needed to process claims. There will be a plan to pay for training for… Read More »Will people who work for private commercial insurance companies lose their jobs? Where will they work instead?

I live in a rural area of Colorado without a hospital or even a physician. How will single payer proposal improve rural access?

The Colorado plan would be designed to provide care where people live because it will be patient-centered not profit- centered. The current way of delivering health care is based on where the most money can be made which is in… Read More »I live in a rural area of Colorado without a hospital or even a physician. How will single payer proposal improve rural access?

Doesn’t competition between the private, commercial health insurance companies keep health care costs under control? How will a single payer plan allow competition to control the cost of health care?

Competition between the private commercial health insurance companies is not controlling health care costs. Competition is a free-market concept proposed by Adam Smith in 1778. Competition works to control costs for some services and products but not for health care.… Read More »Doesn’t competition between the private, commercial health insurance companies keep health care costs under control? How will a single payer plan allow competition to control the cost of health care?