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State Health Care System

Colorado Ballot Measure - Proposed Initiative 20

Election: Nov. 8, 2016 (General)

Outcome: Failed

Categories:

Health Insurance
Taxes

Summary


State taxes shall be increased $25 billion annually in the first full fiscal year, and by such amounts that are raised thereafter, by an amendment to the Colorado constitution establishing a health care payment system to fund health care for all individuals whose primary residence is in Colorado, and, in connection therewith, creating a governmental entity called Coloradocare to administer the health care payment system; providing for the governance of Coloradocare by an interim appointed board of trustees until an elected board of trustees takes responsibility; exempting Coloradocare from the taxpayer’s bill of rights; assessing an initial tax on the total payroll from employers, payroll income from employees, and nonpayroll income at varying rates; increasing these tax rates when Coloradocare begins making health care payments for beneficiaries; capping the total amount of income subject to taxation; authorizing the board to increase the taxes in specified circumstances upon approval of the members of Coloradocare; requiring Coloradocare to contract with health care providers to pay for specific health care benefits; transferring administration of the medicaid and children’s basic health programs and all other state and federal health care funds for Colorado to Coloradocare; transferring responsibility to Coloradocare for medical care that would otherwise be paid for by workers’ compensation insurance; requiring Coloradocare to apply for a waiver from the affordable care act to establish a Colorado health care payment system; and suspending the operations of the Colorado health benefit exchange and transferring its resources to Coloradocare.

Measure Text


Shall state taxes be increased $25 billion annually in the first full fiscal year, and by such amounts that are raised thereafter, by an amendment to the Colorado constitution establishing a health care payment system to fund health care for all individuals whose primary residence is in Colorado, and, in connection therewith, creating a governmental entity called coloradocare to administer the health care payment system; providing for the governance of coloradocare by an interim appointed board of trustees until an elected board of trustees takes responsibility; exempting coloradocare from the taxpayer’s bill of rights; assessing an initial tax on the total payroll from employers, payroll income from employees, and nonpayroll income at varying rates; increasing these tax rates when coloradocare begins making health care payments for beneficiaries; capping the total amount of income subject to taxation; authorizing the board to increase the taxes in specified circumstances upon approval of the members of coloradocare; requiring coloradocare to contract with health care providers to pay for specific health care benefits; transferring administration of the medicaid and children’s basic health programs and all other state and federal health care funds for Colorado to coloradocare; transferring responsibility to coloradocare for medical care that would otherwise be paid for by workers’ compensation insurance; requiring coloradocare to apply for a waiver from the affordable care act to establish a Colorado health care payment system; and suspending the operations of the Colorado health benefit exchange and transferring its resources to coloradocare?

YES ( ) NO ( )

Resources


Official Summary

Source
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