1 00:00:00,640 --> 00:00:04,880 This short but important message is for 2 00:00:02,639 --> 00:00:06,720 all those covered by Colorado Medicaid, 3 00:00:04,880 --> 00:00:08,480 also known as Health First Colorado and 4 00:00:06,720 --> 00:00:11,040 the Children's Health Insurance Program. 5 00:00:08,480 --> 00:00:13,040 Hi, I'm Kim Bimestefer. I'm the CEO of 6 00:00:11,040 --> 00:00:14,639 Health First Colorado and Executive 7 00:00:13,040 --> 00:00:16,560 Director of the Colorado Department of 8 00:00:14,639 --> 00:00:18,080 Healthcare Policy & Financing. That's 9 00:00:16,560 --> 00:00:20,800 the state department that oversees 10 00:00:18,080 --> 00:00:23,119 Medicaid and CHIP. I want to share four 11 00:00:20,800 --> 00:00:25,119 very important points of how the federal 12 00:00:23,119 --> 00:00:27,519 government's one big beautiful bill act 13 00:00:25,119 --> 00:00:30,800 signed into law on July 4th will affect 14 00:00:27,519 --> 00:00:32,640 you. First, changes caused by this 15 00:00:30,800 --> 00:00:35,360 federal bill won't impact Medicaid 16 00:00:32,640 --> 00:00:37,440 members until January 1st, 2027. That's 17 00:00:35,360 --> 00:00:39,280 when about 375,000 18 00:00:37,440 --> 00:00:41,680 Medicaid members will have to renew 19 00:00:39,280 --> 00:00:44,399 their coverage every 6 months instead of 20 00:00:41,680 --> 00:00:46,960 every 12 months. Also effective January 21 00:00:44,399 --> 00:00:49,120 1st, 2027, many of these same 22 00:00:46,960 --> 00:00:51,280 individuals will need to prove they're 23 00:00:49,120 --> 00:00:53,360 working, going to school, or 24 00:00:51,280 --> 00:00:55,680 volunteering at least 80 hours a month 25 00:00:53,360 --> 00:00:57,680 to keep qualifying for Medicaid as 26 00:00:55,680 --> 00:01:00,399 required by the sweeping new federal 27 00:00:57,680 --> 00:01:02,239 legislation. You might hear this federal 28 00:01:00,399 --> 00:01:04,879 mandate referred to as work 29 00:01:02,239 --> 00:01:06,720 requirements. In the coming months, we 30 00:01:04,879 --> 00:01:09,280 will let you know exactly who is 31 00:01:06,720 --> 00:01:12,159 impacted by these new federal work 32 00:01:09,280 --> 00:01:14,000 requirements and what specific steps 33 00:01:12,159 --> 00:01:16,560 individuals who are impacted will have 34 00:01:14,000 --> 00:01:20,560 to take to remain eligible for Medicaid 35 00:01:16,560 --> 00:01:22,159 coverage. Second, starting October 2027, 36 00:01:20,560 --> 00:01:24,560 the federal government has made the 37 00:01:22,159 --> 00:01:26,479 decision to provide less money to pay 38 00:01:24,560 --> 00:01:28,720 for Colorado Medicaid and other Medicaid 39 00:01:26,479 --> 00:01:31,040 programs around the country. And in this 40 00:01:28,720 --> 00:01:33,360 state, that includes our Medicaid buy-in 41 00:01:31,040 --> 00:01:35,360 program for people with disabilities. 42 00:01:33,360 --> 00:01:38,240 That will reduce the money we have to 43 00:01:35,360 --> 00:01:40,799 pay for Medicaid and CHIP benefits. 44 00:01:38,240 --> 00:01:43,280 Third, the state of Colorado is also in 45 00:01:40,799 --> 00:01:45,840 a very tough budget situation as 46 00:01:43,280 --> 00:01:47,840 Medicaid and other state expenses are 47 00:01:45,840 --> 00:01:50,479 growing faster than the money we have to 48 00:01:47,840 --> 00:01:52,880 pay for them. Because of all of this, 49 00:01:50,479 --> 00:01:55,360 you should not be surprised by future 50 00:01:52,880 --> 00:01:57,920 reductions to Medicaid and CHIP benefits 51 00:01:55,360 --> 00:02:00,399 as state-elected officials have to make 52 00:01:57,920 --> 00:02:03,200 very difficult decisions to balance the 53 00:02:00,399 --> 00:02:05,040 state budget with less money. We will 54 00:02:03,200 --> 00:02:07,200 let you know before any changes to your 55 00:02:05,040 --> 00:02:09,039 benefits are made. So, please watch for 56 00:02:07,200 --> 00:02:12,000 our communications in the months to 57 00:02:09,039 --> 00:02:14,319 come. Last, to make sure you stay 58 00:02:12,000 --> 00:02:16,160 informed every step of the way and that 59 00:02:14,319 --> 00:02:18,640 you receive our communications. Please 60 00:02:16,160 --> 00:02:20,879 update your current address, email, and 61 00:02:18,640 --> 00:02:25,480 phone number online through Colorado 62 00:02:20,879 --> 00:02:25,480 Peak. That's co.gov/peak. 63 00:02:26,080 --> 00:02:29,599 Or, call your county human services 64 00:02:28,319 --> 00:02:32,080 department, and give them that 65 00:02:29,599 --> 00:02:35,040 information. I know this isn't an easy 66 00:02:32,080 --> 00:02:37,200 message to hear, but we want to be open 67 00:02:35,040 --> 00:02:39,519 and clear with you about what you should 68 00:02:37,200 --> 00:02:41,920 expect. Know that we are in this 69 00:02:39,519 --> 00:02:43,599 together and that our goals are to help 70 00:02:41,920 --> 00:02:45,519 you keep your health coverage while 71 00:02:43,599 --> 00:02:47,519 avoiding drastic cuts to Medicaid and 72 00:02:45,519 --> 00:02:50,239 CHIP. Please know that we are doing 73 00:02:47,519 --> 00:02:52,160 everything we can to make that happen. 74 00:02:50,239 --> 00:02:54,000 From all of us at the Colorado 75 00:02:52,160 --> 00:02:56,720 Department of Health Care Policy & 76 00:02:54,000 --> 00:03:01,640 Financing, thank you for listening. It 77 00:02:56,720 --> 00:03:01,640 is an absolute honor to serve you.