Report: Colorado single-payer system too pricey

By Robert King

Published August 8, 2016 5:42pm ET

Add Washington Examiner on Google

Report: Colorado single-payer system too pricey — ColoradoCare, the proposed single-payer system, would replace most private health insurance and put Medicaid and other state-federal programs in ColoradoCare's control. (AP Photo/Brennan Linsley) | Brennan Linsley

If Colorado voters choose to set up a single-payer healthcare system, it would run out of money in just over a year, a new independent analysis found.

In November, voters will choose whether to adopt a constitutional amendment to create a system of universal healthcare coverage. However, the new taxes to pay for the system wouldn’t be able to outpace rising healthcare costs, according to the independent Colorado Health Institute.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Affordable Care Act Bernie Sanders Colorado Insurance Industry Minusextra Robert King