Testimony: Study Colorado Health Care Coverage Options
Many Coloradans, particularly those in mountain and rural communities, are reaching a health care crisis point. We need to problem solve now.
Many Coloradans, particularly those in mountain and rural communities, are reaching a health care crisis point. We need to problem solve now.
In our 2016 study, we found almost 900,000 Colorado private sector workers in their prime working years are not participating in any type of retirement savings plan at work. The Colorado Secure Savings Plan could change that.
A work requirement is unlikely to spur large numbers of additional non-disabled adults to get a job, but it will lead to tens of thousands of people losing coverage.
Money spent on children under age 4 have an enormous return on investment, including less reliance on social services later in life and an economic boost by allowing parents the time and ability to work.
Research done for the Bell Policy Center shows "traditional success is unobtainable for families earning the median income, regardless of county, age of children, or year studied."
Whether you're just starting out or getting closer to the end of your career, saving for retirement must be a priority for all Coloradans.
Increasing the state tax credit for child care expenses as a percentage of the federal tax credit and extending eligibility to those with middle incomes will help more Coloradans afford child care. The Bell supports HB18-1208 to expand the child care expenses income tax credit and urges a yes vote on it.
Outstanding student loan debt now totals $24.75 billion across the state, outpacing all other debt outside of mortgages. Adding insult to injury, federal student loan servicers often operate deceptively to collect on these debts.
Increased drug price transparency in Colorado provides the public with information about how rising prescription drug prices impact health care costs, and helps Coloradans plan for these expenses.
Public investments play a vital role in building and maintaining infrastructure, educating residents, and reducing the costs of services that help put opportunities for economic mobility within the reach of more families. The drastic cuts in revenue projected under HB18-1203 will make it even more difficult to help families get ahead.
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