Live Insurance News

Bill targeting Colorado health insurance exchange has been defeated

February 4, 2015February 3, 2015 Marc

Legislation sought to repeal the state’s insurance exchange by January 2016 A bill that would have repealed the Colorado health insurance exchange, called Connect For Health Colorado, has been defeated by the state’s House Health, Insurance, and Environment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…

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

January 29, 2015January 27, 2015 Logan B.

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…

Enrollment in Colorado health insurance exchange growing slowly

December 6, 2013December 3, 2013 S.Vagus

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…

Colorado releases estimates concerning cost of health insurance through exchange

August 21, 2013August 19, 2013 Logan B.

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…