Senate committee approves rewrite of state reinsurance program, but not without dissent

The Senate Finance Committee on Wednesday approved a rewrite of the state’s reinsurance program, over the loud objections of health insurers who said they were denied an opportunity to work with bill sponsors. Senate Bill 215, which is being pushed by Gov. Jared Polis, would restructure the financing of the reinsurance program. The legislation was introduced around 5 p.m. Tuesday night and rushed into a Senate Finance hearing barely 18 hours later.