Polis Budget Plan Sparks Bipartisan Pushback Over Medicaid Costs and Pinnacol Gamble
By Marianne Goodland | Colorado Politics
Gov. Jared Polis’ proposed state budget for 2026-27 drew sharp criticism Wednesday from the legislature’s Joint Budget Committee, as lawmakers from both parties criticized plans to slow Medicaid spending growth and to rely on a deal to privatize Pinnacol Assurance.
This quasi-state agency is the state’s largest provider of workers’ compensation insurance.
Polis has already cut $79 million in the 2025-26 budget, primarily for rates paid to Medicaid providers in dental, behavioral health and services to children with disabilities.
The governor’s 2026-27 budget proposes an additional $197.7 million in general fund dollars, or about 5.6%, in the Medicaid program. But the projected growth is at 11.9%, or $631.4 million. He has also brought in...


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