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Session Laws of Colorado 2008
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CHAPTER 376
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HEALTH CARE POLICY AND FINANCING
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HOUSE BILL 08-1374 [Digest]
BY REPRESENTATIVE(S) Pommer, Buescher, White, Borodkin, Carroll M., Ferrandino, Fischer, Green, Jahn, Kefalas, Looper, Madden, McFadyen, Merrifield, Primavera, Rice, Rose, Solano, Summers, and Todd;
also SENATOR(S) Johnson, Keller, Morse, Boyd, Gibbs, Isgar, Romer, Shaffer, Tochtrop, and Williams.
AN ACT
Concerning repeal of the cap on the capitated rate under the program of all-inclusive care for the elderly, and making an appropriation in connection therewith.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. 25.5-5-412 (12), Colorado Revised Statutes, is amended to read:
25.5-5-412. Program of all-inclusive care for the elderly - legislative declaration - services - eligibility. (12) The general assembly shall make appropriations to the state department to fund services under this section provided at a monthly capitated rate. The state department shall annually renegotiate a monthly capitated rate for the contracted services. based on the ninety-five percent of the medicaid fee-for-service costs of an actuarially similar population.
SECTION 2. Appropriation. In addition to any other appropriation, there is hereby appropriated, out of any moneys in the general fund not otherwise appropriated, to the department of health care policy and financing, for allocation to the medical services premiums division, medical services premiums, for the fiscal year beginning July 1, 2008, the sum of one million five hundred sixty-seven thousand four hundred sixty-four dollars ($1,567,464), or so much thereof as may be necessary, for the implementation of this act. In addition to said appropriation, the general assembly anticipates that, for the fiscal year beginning July 1, 2008, the department of health care policy and financing will receive the sum of one million five hundred sixty-seven thousand four hundred sixty-four dollars ($1,567,464) in federal funds for the implementation of this act. Although the federal funds are not appropriated in this act, they are noted for the purpose of indicating the assumptions used relative to these funds in developing state appropriation amounts.
SECTION 3. Safety clause. The general assembly hereby finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health, and safety.
Approved: June 2, 2008
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Capital letters indicate new material added to existing statutes; dashes through words indicate deletions from existing statutes and such material not part of act.
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