"Reinsurance program for me is one step towards single payer," said Sen. Jim Smallwood, R-Parker.
Still, Smallwood says that the government should not be the solution to the rising costs, and says he worries about the state competing with private insurance companies. Insurance companies already have to get their rates approved every year by the state Division of Insurance after public comment periods that follow the initial proposals.
“Having sort of the referees be sort of one of the players would seem unfair in any sport,” he said.
Which is why Sen. Jim Smallwood introduced a bill that requires schools to include the Safe Haven Law as part of sex education. Everyone on the committee said it was a good idea. The bill seemed on track to pass, then came a detour.
“We’re coming dangerously close to government overreach,” Smallwood said. “The challenge is to strike the right balance. What is the right amount of government intervention to make sure taxpayer dollars are accounted for?”
“I am honored to be appointed Chair. I am looking forward to working with my colleagues to ensure affordable health care choices for all Coloradans and lead Colorado back to responsible and limited government,” remarked Senator-elect Jim Smallwood.
Smallwood, of Parker, led Castle Rock banker and Army veteran Benjamin Lyng 39.04 percent to 38.58 percent - with only 69 votes separating them. Smallwood is the president of Smallwood Select Financial Corp.