(Jan. 3) – Speaker-elect Mark Ferrandino endorsed Gov. John Hickenlooper’s plan, announced today, to save $280 million in Medicaid costs while expanding coverage to an additional 160,000 needy Coloradans.
“If we combine cost controls and smarter, outcomes-oriented payment systems, we can expand Medicaid and not break the bank,” said Rep. Ferrandino (D-Denver), who will be sponsoring legislation with Sen. Irene Aguilar to enable portions of the governor’s proposal.
Rep. Ferrandino said Medicaid expansion will be an economic boon to the state.
“A healthier Colorado, with more people getting the care they need, means more people at work and fewer people in hospitals or housebound with chronic illnesses,” he said. “A healthier Colorado is a more productive and prosperous Colorado.”