… what we're implementing is evidence based and that what they've seen in Colorado is that they've had a flattening out of costs and now it's starting to come down. So This particular public option requires a 5% reduction in premiums annually with some cost transparency tools in there. And that's going to be for anybody who would like to buy in. So it's not necessarily something that the state, the state's going to use its power to negotiate prices, but they, they would be able to purchase into that particular health care plan. (22:13–22:21)
CLAIM
Asserts that the public option requires a 5% annual reduction in premiums.
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