With a bipartisan vote of 42-22, the Colorado House of Representatives has passed and sent on to the Senate a bill that will provide subsidies for health insurance coverage for middle-income rural families. The measure which is being identified as a temporary relief program would help rural families, residing in high premium sector of the state, with subsidies for offsetting health care premiums.
According to the bill as originally proposed: “The program repeals on September 1, 2019 unless congress enacts and the president signs legislation repealing the advance premium tax credit authorized under federal law, in which case the program repeals upon the date of the repeal of said tax credit.”
To qualify, recipients must have a household income of not more than 500 percent of the federal poverty line and spend more than 15 percent of their income on health insurance premiums. Insurance is to be purchased through the Colorado health benefit exchange, Connect for Health Colorado.
Read more in the Durango Herald.