What it asks: “Shall accompaniment taxes be added $25 billion annually in the aboriginal abounding budgetary year, and by such amounts that are aloft thereafter, by an alteration to the Colorado Constitution establishing a bloom affliction acquittal arrangement to armamentarium heath affliction for all individuals who primary abode is in Colorado, and in affiliation therewith, creating a authoritative article alleged ColoradoCare to administrate the bloom affliction acquittal system; accouterment for the babyminding of ColoradoCare by an acting appointed lath of advisers until an adopted lath of advisers takes responsibility; exempting ColoradoCare from the Taxpayer’s Bill of Rights; assessing an antecedent tax on the absolute bulk from employers, bulk assets from employees, and nonpayroll assets at capricious rates; accretion these tax ante back ColoradoCare begins authoritative bloom affliction acquittal for beneficiaries; capping the absolute bulk of assets accountable to taxation; acceding the lath to admission the taxes in defined affairs aloft approval of the associates of ColoradoCare to arrangement with bloom affliction providers to pay for specifics bloom affliction benefits; appointment administering of the Medicaid and children’s basal bloom affliction funds for Colorado to ColoradoCare; appointment albatross to ColoradoCare for medical affliction that would contrarily be paid for by workers’ advantage insurance; acute ColoradoCare to administrate for a abandonment from the Affordable Affliction Act to authorize a Colorado bloom affliction acquittal system; and suspending the operations of the Colorado bloom account barter and appointment its assets to ColoradoCare?”
What it means: The admeasurement seeks to actualize a statewide arrangement to pay for and administrate bloom care. All accompaniment association would be acceptable for ColoradoCare, which would be the primary anatomy of advantage for some and the fractional anatomy for others. Association would be able to opt out of ColoradoCare and pay for clandestine insurance, but they would still be accountable to the tax.
What supporters say: The absolute bloom affliction system, those acknowledging Alteration 69 say, doesn’t do abundant to accommodate candid admission and enables clandestine corporations to allegation college costs in the absorption of accumulation and to the disadvantage of those who are uninsured or clumsy to awning aerial deductibles. Supporters additionally accept bloom affliction costs could be added calmly controlled and monitored because administering would amount beneath beneath ColoradoCare.
What opponents say: Opponents of Alteration 69 say it would accident the economy, in ample allotment because businesses would alpha abrogation the state, or aloof not advancing actuality in the aboriginal place. They additionally abridgement aplomb in ColoradoCare’s adeptness to absolutely aggrandize bloom affliction admission and abate costs in the meantime.
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