Those with medical jobs in Denver recently received some good news.
"The Future of Colorado Health Care," a recent study from The New America Foundation and the Center for Colorado’s Economic Future at the University of Denver, and supported by The Colorado Health Foundation and The Colorado Trust, found that Colorado is in a better position than any other state to continue fixing its healthcare system.
Colorado’s healthcare system will strengthen the economy and contain costs for families, employers and taxpayer-funded medical programs such as Medicaid. The report states that Colorado has already made progress toward healthcare reform and has more potential for transformative change than any other state in the country, as evidenced by several initiatives already underway in the state.
"Colorado isn’t waiting for Washington on healthcare reform," Gov. Bill Ritter said. "We’re taking aggressive steps to contain costs, improve quality and increase availability. We’re making great progress, and this study confirms our strategy is leading us toward a sustainable, affordable and secure healthcare system for Colorado’s families and small businesses."
Currently, Colorado has the seventh-highest healthcare costs in the nation, with health insurance premiums costing about 22 percent of the median family income and premiums expected to increase by 10 percent every year.
"Failing to enact health reform in Colorado will lead to higher healthcare costs, more uninsured Coloradans and higher health spending, especially by businesses," the study notes.
Officials in Colorado have already worked on achieving such reforms as establishing a Center for Improving Value in Health Care and advancing the Colorado Regional Health Information Organization. If additional reforms are enacted, premiums could decline by 6 percent to 17 percent by 2019.
"Focusing Colorado’s health care delivery system on value and efficiency will allow the state to deliver higher quality care at lower costs over time, while freeing up resources for other state priorities," the study adds.
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