Colorado § 29-28-101 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 29-28-101 — Legislative declaration., with citation guidance and answers to common questions.
§ 29-28-101. Legislative declaration.
(1) The general assembly finds and declares that:
(a) Medicaid reimbursement rates cover only approximately sixty-five percent of the actual costs incurred by service providers rendering services to medicaid recipients;
(b) Low medicaid reimbursement rates and increased caseloads have caused the costs to shift within the health-care delivery system, resulting in higher medical costs for the general population;
(c) The medicaid caseload continues to expand and, therefore, the need for providers to serve these medicaid recipients continues to increase;
(d) Rising health-care costs are a primary concern for Colorado citizens and businesses;
(e) It is therefore in the best interest of the state of Colorado to authorize local governments to impose a fee on certain medical providers to assist in financing medicaid costs and the disproportionate share hospital payments for providing medical services to low-income populations.
Source: L. 2006: Entire article added, p. 885, § 1, effective May 5. L. 2008: (1)(e) amended, p. 928, § 2, effective May 20.
Frequently Asked Questions About Colorado § 29-28-101
What does Colorado Revised Statutes § 29-28-101 cover?
Section 29-28-101 ("Legislative declaration.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 29-28-101?
A common citation format is "Colorado Revised Statutes § 29-28-101" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 29-28-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.