Colorado’s struggling low-income health care centers to get boost under new law

Colorado will soon give a helping hand to the health care providers that serve the state’s lowest-income and uninsured residents under a law signed by Gov. Jared Polis on Wednesday.

The new law, Senate Bill 290, will take a $60 million, interest-free loan from the state’s unclaimed property trust fund to create the provider stabilization fund. The new fund will help the state’s safety-net providers as they struggle to care for Coloradans following the drop-off in Medicaid coverage after the COVID-19 health emergency.