The Hospital Payment Assistance Act makes it so uninsured patients who are treated at a hospital will pay no more than the lowest negotiated rate paid by a private insurance company. However, this rate applies only to the uninsured who make no more that 250% of the Federal Poverty Level ($27,925 annually for an individual or $57,625 for a family of four).
Additionally, the Act mandates that hospitals ensure uninsured patients are informed about their discount programs, payment plans, etc. This is great news for those who can’t afford health insurance since prior to this Act, a hospital could charge an uninsured patient much more than an insured one.
For more information about this Act, see Senate Bill 12-134 and C.R.S. 25-3-112.
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