Download audio clips Sen. Scott Renfroe, R-Eaton, as he argues against a bill that will increase the cost of health care for small businesses.

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Democrat bill bars insurance discounts for healthy workers

 

Senate Democrats passed a bill today that critics say will hike health-insurance rates on small business and eventually reduce the number of covered workers.

House Bill 1355, by Sen. Bob Hagedorn, D-Aurora, and Rep. Anne McGihon, D-Denver, would prohibit health insurers from providing discounts to healthy employees and increases insurance rates for nearly two-thirds of small businesses in Colorado.

“When healthy groups drop out, the ones left on the policy are those that need to be, and the result is a cost increase at a much higher speed,” said Senate Minority Leader Andy McElhany, R-Colorado Springs. “This bill is a retread of the old ‘death spiral collapse’ we saw a few years ago. It’s insane to pass HB 1355.”

...Read the full story here.

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