Colorado health insurance registrations up 29 percent over last year’s enrollment

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State residents are steadily continuing to sign up for their coverage under the Affordable Care Act. Colorado health insurance enrollment is performing considerably better than it was at this time in 2016. Despite a temporary slow down near the end of November, the Affordable Care Act in the state is still seeing far more registrations than had been the case last year. Even with the slowing, the enrollment pace is still significantly faster than was seen in 2016. According to Colorado health insurance data from November, almost 44,000 state residents…

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Health insurance exchange in Colorado is after a Medicaid reimbursement

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The financial survival of the state’s marketplace depends on being able to recover millions of dollars. The Colorado health insurance exchange is scrambling to be able to recover millions of dollars that were racked up in the expansion of the state’s Medicaid program in order to make sure that the marketplace will be able to remain financially viable. That said, the Connect for Health Colorado marketplace was not designed for the collection or counting of reimbursements. According to the new interim CEO of Connect for Health Colorado, Kevin Patterson, “We…

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Colorado health insurance exchange may get higher fees

Colorado Health Insurance

Connect for Health Colorado board members consider raising fee on individual policies Insurance costs for policies sold through Colorado’s health insurance exchange could be growing. Connect for Health Colorado board members, whom manage the exchange, are currently considering increasing a fee on individual health plans in order to raise money next year. The fee that is currently in place is meant to provide funding for the exchange’s operations, ensuring that it is a solvent business. Board members believe that the fee is too low, however, which may lead to financial…

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Colorado health insurance exchange will receive more oversight

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Committee will place the state’s insurance exchange under greater scrutiny Colorado’s health insurance exchange, called Connect for Health Colorado, may receive more oversight from its regulatory committee. The state Senate has passed legislation that will change the oversight committee’s name and will expand its ability to review the state’s insurance exchange during the legislative sessions. The committee’s new name will be the Colorado Health Insurance Exchange Oversight Committee, and the group will be able to meet as many times as it wants during the legislative session. There is a need…

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Bill targeting Colorado health insurance exchange has been defeated

Colorado Health Insurance

Legislation sought to repeal the state’s insurance exchange by January 2016 A bill that would have repealed the Colorado health insurance exchange, called Connect For Health Colorado, has been defeated by the state’s House Health, Insurance, and Environment Committee. The legislation — House Bill 1066 — was meant to dismantle the exchange, putting an end to the market place on January 1, 2016. The legislation would have also tasked any unused funds from the exchange to be funneled into the state’s general fund. Supporters of the bill claim that the…

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Colorado lawmakers look to increase oversight of state’s health insurance exchange

Colorado Health Insurance

New legislations aim to introduce more oversight on insurance exchange Colorado may be placing its health insurance exchange under more scrutiny. The state’s Senate had granted approval for two bills that are designed to increase oversight of the exchanged, called Connect For Health Colorado. The exchange has managed to attract a large number of enrollees, all of whom are looking for affordable health insurance coverage. The recent success of the exchange has been praised by lawmakers, but past failures have also called into question how the exchange is operated. First…

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Enrollment in Colorado health insurance exchange growing slowly

Colorado Health Insurance

State exchange sees more activity Enrollments in Colorado’s health insurance exchange have been lagging behind that seen in other states throughout the U.S. Technical difficulties with the exchange’s website and servers has made it difficult for residents to enroll for coverage. Colorado runs its own insurance exchange and has managed to avoid some of the problems associated with the federal government’s exchange network. Even as the problems with the state’s exchange are being fixed, consumers seem somewhat uninterested in purchased coverage through the marketplace. Consumers have not yet been won…

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Colorado releases estimates concerning cost of health insurance through exchange

Colorado Health Insurance

Health insurance estimates released by Colorado officials The cost of health insurance has been a major issue since the passage of the Affordable Care Act in the U.S. The federal law has called for the establishment of exchange programs in every state, which are meant to serve as marketplaces where consumers can find affordable coverage. Exactly how affordable this coverage will actually be has been a topic of debate for the past two years. In Colorado, this debate may be coming to an end as state officials release their estimates…

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