Colorado decides against controversial ColoradoCare

KUSA - Voters in Colorado decided against Amendment 69, the proposal that would replace most private health insurance with a state-run, single-payer system called ColoradoCare.

Early results show an overwhelming defeat for Amendment 69.

ELECTION RESULTS

The state constitutional amendment would have replaced most private health insurance with a state-run, single-payer system called ColoradoCare. It would have been paid for through new income and payroll taxes as well as funding from the federal government.

But whether that pool of money would have been enough to cover the costs was the subject of heated debate. Democrats like Gov. John Hickenlooper and Progress Now opposed the measure for this very reason.

“We’re grateful to the people of Colorado for carefully considering Amendment 69 and voting overwhelmingly against a measure that was clearly risky, untested, and fiscally irresponsible,” said Kelly Brough, president and CEO of the Denver Metro Chamber of Commerce and chair of Coloradans for Coloradans.  “We worked hard to build a coalition of groups across the political spectrum, and we came together to explain how ColoradoCare would have been devastating to working families, small business and Colorado’s economy.”

It would have been paid for through new income and payroll taxes as well as funding from the federal government.

But whether that pool of money would have been enough to cover the costs was the subject of heated debate. Democrats like Gov. John Hickenlooper and Progress Now opposed the measure for this very reason.

During the campaign, supporters said the state-run system would be better than paying premiums to private-sector insurance companies.

Opponents worried the measure would be " fiscally unsustainable".

Real time election results on all the ballot questions here: http://bit.ly/2fxgtcr

Learn more about the amendment here: http://bit.ly/2f7Urim

 

Copyright 2016 KUSA


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