To maintain health and well-being, people of all ages need access to quality health care that improves outcomes and reduces costs for the community. Colorado Medicaid is public health insurance for low-income Coloradans who qualify. The program is funded jointly by a federal-state partnership and is administered by the Colorado Department of Health Care Policy & Financing.
Benefits of the program include behavioral health, dental services, emergency care, family planning services, hospitalization, laboratory services, maternity care, newborn care, outpatient care, prescription drugs, preventive and wellness services, primary care and rehabilitative services.
In tandem with the Affordable Care Act, Colorado expanded Medicaid eligibility in 2013 – providing hundreds of thousands of Coloradans with health insurance for the first time and increasing the health and economic well-being of Colorado enrollees.
Most of the money for newly eligible Medicaid clients has been covered by the federal government, which will gradually decrease its contribution to 90% by 2020. Adults without dependent children can qualify for the program if they earn less than 133% FPL. Children and pregnant women qualify if their household income is under 260% FPL.
Some analyses indicate that Colorado’s investment in Medicaid will pay off in the long run by reducing spending on programs for the uninsured.
In developing analyses on Medicaid, the Colorado Alignment Project used estimates of Coloradans eligible for Medicaid but not enrolled from the Colorado Health Institute’s “Health Insurance of Coloradoans.” It also used enrollment data from 2014 provided by the Colorado Department of Health Care Policy and Financing.