As of Wednesday morning — with 86 percent of the vote counted — the vote was 1,833,879 to 467,424 in opposition to Amendment 69, according to the article, which cites state figures.
Amendment 69 would have eliminated most private health insurance in the state and replace it with a taxpayer-funded cooperative known as ColoradoCare, according to the report.
The proposed single payer system would rely on a 10 percent payroll tax to raise $25 billion a year to cover costs.
More articles on payer issues:
5 ways employees can combat high health plan costs
Changing insurance use may stabilize costs, Florida Blue leader says
Centene wins Nevada Medicaid bid
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