The Colorado Division of Insurance will be hosting six stakeholder meetings regarding the Colorado Option, in particular the requirement for public hearings regarding premium reductions in the standardized plan, as required by statute.
The law, enacted in 2021, holds health insurance companies accountable for reducing premiums for consumers on the Colorado Option Standardized Plan. Starting in 2024, if a company is not able to meet the premium reduction targets, the Colorado Insurance Commissioner must hold a public hearing.
These six meetings from May through July of this year, will be an opportunity to learn more about how the Division intends to set up the public hearing process. There will be three meetings for all stakeholders, while the other three will be aimed at specific groups: consumers, health insurance companies and health care providers (i.e., doctors, hospitals, etc.). The final session, for all stakeholders, will provide a summary of the feedback received throughout the meetings, and information on the timeline and next steps in the Division’s rulemaking, as well as future opportunities for stakeholder feedback.
Know that all meetings will have live Spanish translation and American Sign Language (ASL) interpretation, along with live closed captioning.
May 12 - for All Stakeholders - REGISTER
May 25 - for All Stakeholders - REGISTER
June 8 - for Health Insurance Companies - REGISTER
June 15 - for Health Care Providers - REGISTER
June 22 - for Health Care Consumers - REGISTER
July 13 - for All Stakeholders - REGISTER
Find more information about these meetings in particular and the Colorado Option in general using the button below to access the Colorado Option website.