The Division is seeking comments on the following draft emergency regulation:
The purpose of this emergency regulation is to establish the process by which the Health Insurance Affordability Enterprise will assess and collect the Health Insurance Affordability Fee annually from carriers, pursuant to § 10-16-1205(1)(a)(I), C.R.S.
The Division of Insurance finds, pursuant to § 24-4-103(6)(a), C.R.S., that immediate adoption of this regulation is imperatively necessary for the preservation of public health, safety, or welfare to ensure that the Health Insurance Affordability Fee is assessed and collected on a timeline that allows the Health Insurance Affordability Enterprise to implement affordable health coverage options for Colorado consumers during the 2022 benefit year, and to ensure Colorado carriers comply with the requirements of § 10-16-1205(1)(a)(I), C.R.S., which is imperative to preserve the health of the citizens of Colorado. Therefore, compliance with the requirements of § 24-4-103, C.R.S., would be contrary to the public interest.
This emergency regulation applies to all carriers that issue health benefit plans in the state, pursuant to § 10-16-102(32)(a), including all carriers offering individual, small group, and large group plans subject to the insurance laws of Colorado.
The Division is requesting informal comments be submitted to DORA_INS_RulesandRecords@state.co.us no later than 5 PM, February 2, 2021.
This draft revised emergency regulation, as well as other draft bulletins and regulations currently released for informal public comment, can be found on our page for Draft Regulations and Bulletins for Informal Comments.