Colorado: Preliminary avg. 2021 #ACA premiums: 2.2% indy mkt, 5.7% sm. group
The Colorado Dept. of Insurance has released the state's preliminary rate filings for 2021 individual & small group market policies yesterday.
Overall, it looks like Colorado carriers are asking for a weighted average rate increase of 2.2% on the individual market and 5.7% on the small group market. There's some important tables breaking out exactly which carriers are offering their policies in which counties, and they've even broken out the average rate hikes by rating area, which is unusual to see but takes on special significance in Colorado due to thier unusual Section 1332 reinsurance waiver program, which is more robust in some parts of the state than others (I believe most reinsurance programs are pretty much an across-the-board sort of thing, though I could be wrong about that).