Here are six highlights:
1. The initiative, called ColoradoCare, will be on the ballot in 2016. It will be listed as Initiative 20, “State Health Care System,” on the ballot.
2. The initiative allows Coloradans to pick their own providers. However, ColoradoCare would take care of the costs.
3. Proponents of the initiative argue ColoradoCare would raise $25 billion annually for healthcare through a 10 percent payroll tax. The breakdown involves employers paying 6.67 percent and employees paying 3.33 percent in the payroll tax.
4. Opponents of the initiative claim it would double the state budget and cause problems with physician recruitment.
5. ColoradoCare proposes a 21-member governing board composed of governor- and legislator-selected residents.
6. The Colorado Hospital Association reported the hospitals haven’t chosen a stance on ColoradoCare yet.
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