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.


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