Key Takeaways
- • Colorado Gov. Jared Polis blamed private equity firms for driving up Colorado's Medicaid budget in recent years, calling their practices "legal but unethical."
- • Polis made the accusation during his final budget presentation to the legislature's Joint Budget Committee, as a term-limited Democrat.
- • Polis accused private equity firms of taking advantage of the state's efforts to care for its most vulnerable residents.
Summary
Colorado Governor Jared Polis singled out private equity firms for driving up the state's Medicaid spending in recent years, according to The Denver Post. Polis, a term-limited Democrat, made the remarks during his final budget presentation to the legislature's Joint Budget Committee.
Polis characterized the practices of private equity firms as "legal but unethical," accusing them of taking advantage of the state's attempts to care for its most vulnerable residents. The Denver Post's coverage frames the comments as a direct explanation for the pressure on the state's Medicaid budget.
The source material available for this story is limited to the original article's headline and short excerpt. It does not include specific dollar figures for the Medicaid increase, named private equity firms, or details of any proposed policy response, and those details should be confirmed against the full reporting.
Polis characterized the practices of private equity firms as "legal but unethical," accusing them of taking advantage of the state's attempts to care for its most vulnerable residents. The Denver Post's coverage frames the comments as a direct explanation for the pressure on the state's Medicaid budget.
The source material available for this story is limited to the original article's headline and short excerpt. It does not include specific dollar figures for the Medicaid increase, named private equity firms, or details of any proposed policy response, and those details should be confirmed against the full reporting.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.