Colorado Voters Might Replace Obamacare With ColoradoCare
The ColoradoCare plan aims to make health insurance available to everyone in the state through a major reform and a tax hike.By Ben Lawson | April 29, 2016
Colorado is considering abandoning the Affordable Care Act in favor of creating a new taxpayer-financed health system that would be available to everyone in the state.
The ballot measure goes before voters in November. The plan, dubbed ColoradoCare, does away with deductibles and allows patients to pick doctors without having to consider whether they're in their coverage network.
The funding would come from a tax hike on workers and businesses. According to a report from the Colorado Health Institute, the plan would pull in $38 billion in annual revenues if passed.