Rodriguez Bill to Improve Affordability by Making Health Insurance Reimbursement Data More Transparent & Accessible Approved by Committee
Rodriguez: Legislation “will arm providers and consumers with the information they need to make informed decisions, improve trust and transparency, and - ultimately - bring down health care costs and save Coloradans money.”
DENVER, CO – The Senate Business, Labor & Technology Committee today gave unanimous approval to a bill that will improve health care affordability by making certain health claims reimbursement data more accessible to Colorado providers and consumers.
SB22-068, sponsored by Sen. Robert Rodriguez (D-Denver) will improve access to the All-Payer Claims Database and help make data regarding health insurance claims more transparent, improving trust and transparency and eventually bringing down costs.
“Quality health care is still far too expensive for many Colorado families, and we’re doing everything we can to bring those costs down,” Rodriguez said. “Making health care reimbursement pricing data more accessible will arm providers and consumers with the information they need to make informed decisions, improve trust and transparency, and - ultimately - bring down health care costs and save Coloradans money.”
The bill requires the All-Payer Health Claims database to create a web-based tool that will make finding certain health claims reimbursement data easier and faster. The All-Payer Claims Database is a comprehensive database of health care claims across all Colorado health insurance carriers, including Medicaid, Medicare, and commercial payers.
SB22-068 will now move to the Appropriations Committee for further consideration. Track the progress of the bill here.