colorado option
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Colorado awarded $245M for cost savings from state health insurance programs
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Cost reductions from Colorado health insurance programs saved the federal government $245 million in 2023, money which will soon be returned to the state. The U.S. health and treasury departments announced Colorado’s $245 million in pass-through funding on Wednesday – the largest amount Colorado has received, said Insurance Commissioner Michael Conway. This is the first…
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Colorado insurance rates will be more expensive than Polis administration promised
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Colorado’s insurance premiums will increase by double digits in the individual pool and by a substantial amount in the small group market next year, rate changes the state released on Tuesday show, leading the trade association for health insurers to argue that the Polis administration “chose politics over math.” Coloradans face a 7.4% hike…
