The Division would like to provide notice that the Commissioner has adopted the following new bulletin:
The purpose of this Bulletin is to inform health insurance carriers participating in Colorado’s state-based reinsurance program about changes to the reinsurance payment process for Plan Year 2024. Specifically, the Division of Insurance (Division) will issue preliminary reinsurance payments to carriers by January 17, 2025, based on data available to the Division as described in Section III of this Bulletin, and will issue final 2024 reinsurance payments by August 15, 2025, as required by statute. The reinsurance payment process and timeline found in Colorado Amended Insurance Regulation 4-2-77 will remain the same.
This bulletin is effective on January 2, 2025.
This bulletin, and other Division bulletins, can be found on the Division's website.