Colorado Unveils Public Option Reimbursement Rates That Officials Say Will Help Hospitals Remain Profitable

The Colorado Health Insurance Option formula's base rate is 155% of Medicare rates, but hospitals' individual rates would vary based on hospital type. Hospitals are still wary about the option, though. It seems likely hospitals will have to raise costs for people with insurance plans that aren’t part of the state option, said Katherine Mulready, senior vice president and chief strategy officer for the Colorado Hospital Association.

from Kaiser Health News https://ift.tt/2T00Krw