On Wednesday, the Colorado Division of Insurance (DOI) outlined the results of health plans’ premium rate reduction filings for the Colorado Option for the 2024 plan year, submitted by carriers on March 1st.      The Colorado Option requires carriers to offer the standardized public option plan with premiums that are 10% and 15% lower … Read more

Open Enrollment for 2023 health insurance plans, which now offers standardized state health plans for the first time in Colorado, began on Tuesday and officials from the healthcare industry are taking notice.     Colorado was the first state in the nation to have its state-specific health coverage plan approved by the federal government, which … Read more

Last week, Covered California announced a 6% preliminary average statewide premium rate increase for 2023, which will apply to the majority of the 2.3 million people enrolled in California’s individual market. This will include the over 1.7 million enrolled in health insurance through Covered California after this year’s open enrollment period, as well as those … Read more

With the American Rescue Plan (ARP) set to expire at the end of this year, Covered California continues to urge federal action to extend ARP subsidies before renewal and open enrollment periods begin. An updated analysis by Covered California states that an estimated 220,000 Californians could become uninsured as ARP’s increased and expanded federal financial … Read more

Reinsurance continues to save Coloradans money on health care, while the Colorado Option Plan is included for the first time. DENVER – The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), has released preliminary information about the health insurance plans and premiums for 2023 — for the individual market (meaning health … Read more

Colorado’s Department of Regulatory Affairs (DORA) will open the first of 3 stakeholder meetings on Wednesday aimed at establishing rates for the Colorado Option after the plan was approved by CMS last month.     The first of these hearings will be held this Wednesday and will discuss the the progress of stakeholder sessions thus … Read more