I want to acknowledge the questions about the future of health policy since Tuesday’s election.
We’ve successfully navigated periods of uncertainty like this several times in the past, including eight years ago, and we didn’t do it alone. You, our customers, stakeholders, and partners, make it possible to move forward together.
There are several things that we know.
The Affordable Care Act is still the law of the land.
Senate Bill 11-200, the state law that created Connect for Health Colorado, is still the law of the state. There are several other important state laws that ensure quality, affordable, and comprehensive health coverage for Coloradans.
There are significant savings available to customers who enroll through the Marketplace for Plan Year 2025.
Polis-Primavera Administration’s Landmark Reinsurance Effort Will Save Coloradans $493 Million on Healthcare Premiums in 2025, Putting Money Back in the Pockets of Hardworking Coloradans
Even more savings can be found by shopping and switching to a Colorado Option plan during open enrollment
DENVER - Today Governor Polis, Lt. Governor Primavera, and the Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), announced that Reinsurance will save Coloradans almost $493 million on approved plans and premiums for 2025, building on the millions in savings available to Coloradans through Colorado Option plans. The figures below on the final, approved health insurance plans and premiums for 2025, highlight the impact of these efforts to save people money on health insurance.
First, I want to apologize to all of my regular visitors for the 2-week gap in posting; a combination of personal committments and unjustified distractions resulted in my not posting any updates for a longer-than-acceptable period of time. I hope to try and make up for that over the next week or so.
The Colorado Division of Insurance (DOI) has completed its initial review of the health insurance plans that the companies have filed for 2025. The information below highlights the key information about the number of companies, plans and the premium changes the companies are requesting.
On July 25, 2024, the DOI will hold a virtual stakeholder meeting from 9:30-11:30 a.m. MDT, to share preliminary information regarding health insurance for 2025. This meeting will focus on highlights and trends the DOI has identified in its initial review of the information Colorado health insurers have submitted for 2025. People interested in attending this July 25 stakeholder meeting should register (via Zoom) using the following link - Register for July 25 Stakeholder Meeting(opens in new window).
DENVER – Last Thursday, Connect for Health Colorado’s Board of Directors took a support position on House Bill 24-1258 Credit Covered Person Expenses Insurer Insolvency. This bill will require a covered individual’s new health insurance company to credit out-of-pocket expenses paid if their current health insurance company leaves the market mid-plan year and can no longer provide coverage. This bill also provides methods for health insurance companies to recoup any expenses and increase in claims liability because of crediting out-of-pocket expenses. Connect for Health Colorado has released the following statement:
DENVER – On Monday, Connect for Health Colorado’s Board of Directors took a support position for Senate Bill 24-093, Continuity of Health-Care Coverage Change. This bill would help Coloradans who are no longer eligible for Health First Colorado (Colorado’s Medicaid program) or the Child Health Plan Plus (CHP+) program who have serious medical conditions more easily transition to individual market coverage and continue coverage of necessary medical treatments during the transition period. Connect for Health Colorado released the following statement:
“Our partners provide a crucial one-on-one service to help Coloradans get covered,” said Connect for Health Colorado’s Chief Executive Officer, Kevin Patterson. “They help us make sure local communities, especially those who face barriers in getting health coverage, can access the plans and savings we offer. I encourage interested organizations and current partners to apply.”
DENVER— Connect for Health Colorado, the state’s official health insurance marketplace, closed its annual Open Enrollment Period yesterday and reports that 237,107 people have enrolled in a 2024 health insurance plan. That is about 18 percent higher than last year’s end of Open Enrollment total of 201,758 enrollments and is Connect for Health Colorado’s biggest enrollment period ever. Of the total enrollments for 2024 coverage, 77 percent are receiving financial help to reduce premiums.
Additionally, 12,485 people enrolled in a health insurance plan through Colorado Connect, Connect for Health Colorado’s public benefit corporation and online platform. The majority of those Colorado Connect enrollments were from the OmniSalud program, which provides Coloradans who are undocumented with a safe platform to compare plans, apply for financial help, and enroll.
Customer Advisory: “In-Line” Enrollment Extension Available through January 17
Customers must call to complete their health insurance enrollment for 2024
DENVER— Connect for Health Colorado, the state’s official health insurance marketplace, is alerting customers who started their plan enrollments or made changes by yesterday’s deadline, January 15, that they have through Wednesday, January 17 at 6:00 p.m. to finish their enrollment. These customers must call Connect for Health Colorado’s Customer Service Center at 855-752-6749 to complete their enrollment.
Biggest Open Enrollment Yet for Colorado’s Exchange
Less than two weeks left in the enrollment period for 2024 health coverage
DENVER— Connect for Health Colorado, the state’s official health insurance marketplace, reports that 222,067 people have enrolled in a 2024 health insurance plan as of January 4th. This number of sign-ups not only surpasses the same-day comparison to last year (189,010 enrollments), but also last year’s end of Open Enrollment total (201,758 enrollments).
On a year over year basis, 222K represents a 17.5% increase over a year ago and a 10.1% increase over last year's final tally...with 10 days left for people to enroll.
Connect for Health Colorado continues to set new enrollment records.
DENVER— Today is Get Covered Colorado Day. This day of action was created to encourage as many Coloradans as possible to enroll in 2024 health coverage during the annual Open Enrollment Period. Connect for Health Colorado, the state’s official health insurance marketplace, reports that in the first five weeks of Open Enrollment, 184,240 residents have enrolled in a health insurance plan. This is 29 percent ahead of the same day last year.
