Rocky Mountain Voice

Menu

Tag: Michael Conway

Colorado Health Insurance Rates Rise 10% Statewide and 15.5% in Mesa County
No Comments
The Colorado Sun, Approved, State

Colorado Health Insurance Rates Rise 10% Statewide and 15.5% in Mesa County

By John Ingold | The Colorado Sun State and federal subsidies, though, will blunt the price increases for people with lower incomes. If you buy health insurance on your own without help from an employer — and without receiving subsidies from the state or federal government — this will come as unwelcome news: Prices for coverage next year will increase by an average of 10% across the state and by even more if you live in the mountains or on the Western Slope. The state Division of Insurance announced the price increases Tuesday, pinning blame for the rising rates in part on Congress’ refusal to extend some price subsidies last year. Rising healthcare and prescription drug costs are also to blame. Colorado somewhat made up for the loss of the enhanc...
Read More
More Than 40,000 Coloradans Impacted As Cigna Leaves Individual Market
No Comments
The Denver Gazette, Approved, State

More Than 40,000 Coloradans Impacted As Cigna Leaves Individual Market

By Marianne Goodland | The Denver Gazette Another firm is withdrawing from the individual health insurance market, including for Colorado, effective Jan. 1, 2027. The move by Cigna Healthcare is part of the company’s overall plan to withdraw entirely from the Affordable Care Act market. It will impact individual health plans for 369,000 members in 11 states, according to a company announcement on April 30. In Colorado, Cigna provides individual health insurance to 40,853 members, according to the the state’s insurance office. Cigna joins five other insurers that have pulled out of Colorado since 2022. That doesn’t include two insurers that announced they were withdrawing from the individual market last year but rescinded that announcement two months later. ...
Read More
Colorado insurance division warns of 28% hike—Democrats blame Congress, not policy
No Comments
Colorado Politics, Approved, State

Colorado insurance division warns of 28% hike—Democrats blame Congress, not policy

By Marianne Goodland | Colorado Politics Health insurance for the individual market in Colorado could increase by 28% for 2026, according to the Colorado Division of Insurance. And the rate for the Western Slope could be even higher, averaging as much as 38%, the division said on Wednesday. Rate filings will become public on Friday. The division attributed the above-average increases to President Donald Trump’s federal tax bill, recently passed by Congress. "These circumstances are not unique to Colorado, and other states will likely have similar increases," the division said in a statement Wednesday. The driver for those increases is the loss of financial assistance that helps people afford health insurance, and which also puts downward pressure on premium rates. That assis...
Read More