Colorado Insurance scam

Rancher Will

Blackhawk
Joined
Oct 10, 2010
Messages
748
City & State/Province
North Colorado
I have mentioned here before that I pay for a Group health insurance policy program for my employees. Today I was in a meeting with the Insurance Company Representative who explained a new problem that has not received much publicity. I don't know how this will affect other states but here in Colorado:

There is a proposal on our ballot for the November election that, if passed, will amend our State Constitution to require a "Mandatory (not optional) Single Payer Health Insurance Plan", to replace Obamacare for all Colorado residents, since Obamacare is bankrupt in Colorado.

We were informed that if this passes, since it will became part of the State Constitution, It cannot be repealed without another Constitutional Amendment. Furthermore, we were informed that the details of the amendment will eliminate any private Insurance company from even offering Medicare Supplement plans, private Heath Insurance plans, etc. In fact will result in Health Insurance Companies no long able to offer Health Insurance in Colorado.

In short, the amendment on the ballot this year apparently will provide the ultimate Obamacare objective of finally destroying the Private Health Insurance Companies in Colorado and require all Colorado residents to buy the State required health insurance. There would be no option.

Since the Obamacare Exchanges in Colorado are bankrupt, and the new plan would have even greater costs, no doubt becoming bankrupt even faster than Obamacare, we seem to be on track for state bankruptcy if voters approve the measure.
 
JMO but I don't think there are any states that could finance such a proposal. There are just to many people that won't be able to or just won't pay. Doesn't that mean that the state then has to pick up the cost of each and everyone of the non payees? The only way something such as this could work is if they refused medical care to non participants and we know that won't happen. Seems like a horrible amendment.

Karl
 
Did some research. Very interesting and alarming, but it looks like it has no chance to pass. One article said it has near 70% opposition at this time. To pay for the program would require a 10% income tax hike and it would start off almost a quarter billion in the red and get worse every subsequent year. Just a disaster waiting to happen. Whoever proposed that should be fired.
 
I had Colorado Peak Access until late last year when it went out of business.
Now all I have is my medicare card, and my efforts to find other affordable insurance, especially to help with pharmacy cost has been fruitless and a complete waste of time.

Following the other illegal shenanigans of this administration, I figure it is all part of a plan by the Soros Agenda to bankrupt America, make people die off due to not being able to have reasonable health care.

Not going to get any better any time soon and I now have a personal policy of voting NO on anything that comes up on a ballot regarding healthcare spending
 
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Just taking a look at what's on the menu for Colorado in 2016...

Y'all got trouble brewin' up there. I hope the voters choose wisely.

Good luck
Regards, Pete
 
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