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2022 Colorado Code
Title 29 - Government - Local
Article 28 - Medical Provider Fees
§ 29-28-101. Legislative Declaration
Universal Citation:
CO Code § 29-28-101 (2022)
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- The general assembly finds and declares that:
- Medicaid reimbursement rates cover only approximately sixty-five percent of the actual costs incurred by service providers rendering services to medicaid recipients;
- Low medicaid reimbursement rates and increased caseloads have caused the costs to shift within the health-care delivery system, resulting in higher medical costs for the general population;
- The medicaid caseload continues to expand and, therefore, the need for providers to serve these medicaid recipients continues to increase;
- Rising health-care costs are a primary concern for Colorado citizens and businesses;
- It is therefore in the best interest of the state of Colorado to authorize local governments to impose a fee on certain medical providers to assist in financing medicaid costs and the disproportionate share hospital payments for providing medical services to low-income populations.
Source: L. 2006: Entire article added, p. 885, § 1, effective May 5. L. 2008: (1)(e) amended, p. 928, § 2, effective May 20.
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