Gov. Bill Ritter says the state has reached an agreement with Kaiser Permanente that will provide substantial financial relief, insurance premium credits, enhanced benefits and expanded assistance to Colorado consumers and businesses.

The governor says Insurance Commissioner Marcy Morrison and Kaiser Permanente Colorado President Donna Lynne reached the agreement, which he calls the first of its kind in Colorado, after more than a year of work.

The governor says he will lay out details later Tuesday at a news conference.