It's a disappointment for
A poll earlier this year found that a majority of residents supported the measure, particularly millennials. But as the opposition raised more than three times in funding, the initiative's chances faded.
If passed, it would have created a publicly run health system in which all residents are provided care without having to pay premiums. To fund the effort, the state would have added 10 percent to its income tax, with employers shouldering more of the burden than employees. That would have provided approximately
Residents who like their current insurance could have kept it, but they would have still had to pay the additional taxes.
The measure had the support of many liberals but faced opposition from high-profile progressive politicians and organizations like Democratic Gov.
Their opposition was mostly about the money.
Last month, a report by the independent
"Tax revenue simply cannot keep pace with the health-care industry," said
There are several other sticking points for the opposition.
For one, they said the measure offered a dangerous lack of oversight for a multibillion dollar system.
It would have been run by a 21-member executive board of members elected by plan beneficiaries who wouldn't necessarily have had a background in health care. The board also wouldn't have been considered a state entity, so it wouldn't have had to report to any state authority, such as the governor or legislature. (The state would, however, have needed a federal waiver to get ColoradoCares off the ground.)
Others worried the effort may have eventually been abandoned, as it was in Sanders' home state of
The amendment passing but ultimately not being enacted is a proposition "too risky, uncertain and unaffordable," wrote the
Despite the strong opposition, there were Coloradoans who believed that the state would have been the perfect incubator for how a single-payer system could work in
"We know that 20 percent of our population accounts for 80 percent of our total health-care costs," said Aguilar. "This would provide enhanced funding for [providers] willing to focus on that 20 percent by improving the overall health of our sickest populations."
Still, critics say the conversation on how to improve Americans' access to health care is one worth having.
"We support the ACA [Affordable Care Act] and helped push for
Read all of our coverage on 2016 ballot measures at governing.com/ballotmeasures.
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