Colorado: Reminder that TOMORROW is the last day for ~7,800 Friday Health Plan enrollees to avoid a gap in coverage!

via Connect for Health Colorado:

There Are Just a Few Days Left for Friday Health Plans Customers to Avoid a Gap in Coverage 

08/29/2023

• Customers must enroll in a plan by this Thursday to have coverage that starts Sept. 1

DENVER— Friday Health Plans customers have less than three days to choose a new health insurance plan before their current health insurance coverage ends. Last month, the Colorado Division of Insurance announced that it had asked the courts to move Friday Health Plans into liquidation, ending coverage for all Friday Health Plans customers on August 31, 2023. Connect for Health Colorado, the state’s official health insurance marketplace, continues to urge Friday Health Plans customers to sign up for a new plan on or before this Thursday, August 31, to avoid a gap in coverage.

Through July 2023, there were roughly 24,500 Friday Health Plans enrollments on Connect for Health Colorado’s marketplace and an additional 700 Friday Health Plans enrollments on Colorado Connect, its public benefit corporation and online platform. As of August 29, about 69 percent of those Connect for Health Colorado customers have re-enrolled in a new plan. About 64 percent of those Colorado Connect customers have re-enrolled.

In other words, there's still around 7,800 Coloradans who have to select another policy by TOMORROW in order to avoid a coverage gap.

“I’m grateful so many customers who were impacted by Friday Health Plans’ mid-year exit have successfully enrolled in a new plan. The retention we’re seeing so far is really promising, and there are still a few days left to avoid a gap in coverage,” said Connect for Health Colorado’s CEO, Kevin Patterson. “If you need help securing coverage for September, my message is simple: contact Connect for Health Colorado right away, and we’ll guide you through every step of the application and enrollment process.”

The last time Colorado’s marketplace experienced a mid-year plan exit was Colorado HealthOp in 2016. At that time, 52 percent of impacted customers re-enrolled in a new plan. When Bright Health and Oscar Health exited the market last year, approximately 70 percent of customers in those plans chose new coverage.

When to Enroll

Enroll in a new plan on or before Thursday to have coverage that starts September 1, 2023. Friday Health Plans customers can also enroll after their plan ends (any time before October 31) but doing so will result in a gap in coverage.

• If you enroll anytime in August 2023, your new plan coverage starts September 1, 2023
• If you enroll anytime in September 2023, your new plan coverage starts October 1, 2023
• If you enroll anytime in October 2023, your new plan coverage starts November 1, 2023

For Help and Questions

Connect for Health Colorado offers free enrollment assistance from certified Brokers and community-based Assisters. A certified Broker can review plan options, give advice, check networks, and suggest a new plan. Find a Broker or visit an Enrollment Center near you.

Connect for Health Colorado and the Division of Insurance have created this list of Frequently Asked Questions for Friday Health customers.