Broker group applauds Colorado health care vote
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The Council of Insurance Agents & Brokers applauded the defeat of Colorado ballot initiative Amendment 69, which would have eliminated employer-sponsored health care and the medical portion of workers compensation there.
Eighty percent of Colorado voters opposed the amendment, while 20% voted in favor of it.
According to a statement released Wednesday by the Washington-based council, the new initiative would “have eroded the market for workers compensation policies.”
“We’re gratified to see a vast majority of Coloradans agree that dissolving the market for employer-sponsored insurance would have only hurt Coloradans, their economy, and their health insurance options,” Ken A. Crerar, president and CEO of the council, said in the statement. “The health insurance markets are in a transformative period. With premiums skyrocketing in the individual markets, Coloradans chose to hold on to the stability provided by employer-sponsored insurance.”
The council claimed that every Colorado citizen with employer-sponsored insurance would have soon lost their coverage “without any certainty of its replacement; would have faced higher taxes and would have ceded nearly every decision about their health care to a 21-person board,” among other concerns listed.
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