Why is the premium maximum 9% of net income?

  1. Home
  2. Initiative #12 FAQ
  3. Why is the premium maximum 9% of net income?

The maximum premium rate of 9% of adjusted gross income is projected to provide sufficient sustainable funding for the health care system and is based on the analysis of the single payer proposal presented by Health Care for All Colorado to the Colorado 208 commission.   Other single payer proposals also use the 9% rate to determine revenue.

The 9% maximum premium rate will actually be a savings compared to commercial health insurance premiums when considering both employee and employer contributions to health insurance premiums.

 

Be the first to comment

Sign in with

Sign In
Sign In
Please check your e-mail for a link to activate your account.
Secured Via NationBuilder
Colorado HB23-1209 Board Area (login required) HCAC Governing Documents (Members Only) Share Your Story Medicare for All signs Privacy and Communications Policy Find friends Spread the word 2021 Legislation Tracker Leaderboard
HealthCareforAllColorado

Health Care for All Colorado Non-Discrimination Policy

Health Care for All Colorado does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, military status, health coverage status, or perceived planet of origin in any of its activities or operations. These activities include, but are not limited to, hiring and firing of staff, selection of volunteers and vendors, and provision of services. We are committed to providing an inclusive and welcoming environment for all members of our staff, volunteers, subcontractors, vendors, and clients.

Health Care for All Colorado Privacy and Communications Policy

Click here for current HCAC Privacy Policy.

PO Box 22743 • Denver, CO 80222

Health Care for All Colorado © 2023. All Rights Reserved.

Secured with NationBuilder by Nation Digital