Health Insurance Information for Industry

The Division of Insurance provides the following notice relating to insurance company tax credits for contributions to the Colorado health benefit exchange pursuant to section 10-22-110, C.R.S. As of September 1, 2022, the tax credits allocated by the Commissioner of Insurance for tax year 2022 are less than the full amount of tax credits eligible to be allocated. The Commissioner has allocated $5,889,743 in tax credits, and as of September 1, 2022 there are $3,110,257 in tax credits remaining to be allocated. Insurance companies may declare their intent to contribute to the Colorado health benefit exchange pursuant to section 10-22-110(4)(c), C.R.S, with their quarterly tax payments due October 31, 2022.