The general assembly determines and declares that with the March 23, 2010, enactment
of the federal “Patient Protection and Affordable Care Act”, Pub.L. 111-148, and the March 30, 2010, enactment of the “Health-Care and Education Reconciliation
Act of 2010”, Pub.L. 111-152, which allow each state to establish a health benefit exchange through state law
or opt to participate in a national health benefit exchange operated by the federal
department of health and human services, and although there are numerous federal lawsuits
challenging the constitutionality of the federal act in multiple federal courts, the
best option for the state of Colorado is to establish a health benefit exchange at
the state level. The general assembly further finds that the federal act requires each state to establish
a health benefit exchange to perform certain duties and to assume certain responsibilities
set forth in the federal act or make sufficient progress in the creation of a health
benefit exchange by January 1, 2013, or default to a federally run national health
benefit exchange. Therefore, the general assembly intends to create a health benefit exchange to fit
the unique needs of Colorado, seek Colorado-specific solutions, and explore the maximum
number of options available to the state of Colorado. The Colorado health benefit exchange, including an American health benefit exchange,
is intended to facilitate the access to and enrollment in health plans in the individual
market in this state and include a small business health options program to assist
small employers in this state in facilitating the enrollment of their employees in
health plans offered in the small employer market. The intent of the Colorado health benefit exchange is to increase access, affordability,
and choice for individuals and small employers purchasing health insurance in Colorado.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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