Colorado Receives $43 Million Bonus for Improving Kids’ Health Insurance Coverage
Colorado earned a $43 million bonus this week from the federal Centers for Medicare & Medicaid Services for expanding coverage and improving program efficiency in CHP+.
Colorado was recognized for implementing seven out of eight measures of program improvement that will make these programs more effective and efficient for families and taxpayers. These common sense changes make it easier for kids and families to get the coverage they need to stay healthy and grow up strong.
These efficiency measures, paired with recent CHP+ eligibility expansions made possible by the hospital provider fee, have had an impact. Data show that between 2008 and 2010, more than 40,000 children in Colorado have gained coverage. However, state and national surveys estimate that between 8.2 percent and 10.1 percent of children remain uninsured, meaning that about 120,000 Colorado kids still don’t have coverage.
“It’s not too much to ask that all Colorado kids have access to the health care they need, when they need it,” said Chris Watney, President and CEO of the Colorado Children’s Campaign and an All Kids Covered leader. “We will continue to count on policy makers at the Capitol and within the Department of Health Care Policy and Financing to make CHP+ and Medicaid a priority and give families the peace of mind that comes with meaningful health coverage.”
Read more about Colorado’s efforts to improve health care access for children in All Kids Covered’s Crossing The Finish Line: Achieving meaningful health care coverage and access for all children in Colorado.
Read All Kids Covered’s press release for more information about the bonus.