A new marketplace for health insurance could be headed to Colorado.
Democrats, Republicans and Gov. John Hickenlooper announced an agreement on a so-called health exchange this week.
The health exchange was set to be introduced in the Senate with bipartisan support.
Health exchanges are insurance marketplaces where customers can comparison shop. Supporters say they pull down prices and help more people afford coverage.
Health exchanges are a key component of last year’s federal health care overhaul.
Colorado is among the states suing to block part of that overhaul, but many states are also moving forward with in-state health insurance exchanges. The federal law says that states have until 2014 to create exchanges, or the federal government will develop exchanges for them.