ACA - Benchmark Health Insurance Plan Selection

Public Notice: Proposed changes to Colorado's benchmark plan for the 2023 plan year. Public comment due by 5pm on April 30, 2021

Public Notice and Comment:

The Colorado Division of Insurance (DOI) has worked with stakeholders and the actuarial consulting firm Wakely over the last several months to evaluate the State's current benchmark health insurance plan, and has developed a set of proposed changes to that plan for the 2023 plan year. The benchmark plan is the plan used to set minimum standards for essential health benefits (EHBs) within Colorado for individual and small group plans.

 

All changes to Colorado's benchmark plan will require approval by the Centers of Medicare and Medicaid services (CMS), with a final determination expected by the Summer of 2021. At this time, the Division is inviting comments on the proposed changes that will be submitted to CMS for consideration. 

 

The Division has posted all proposed changes to the benchmark plan and associated documents for public notice and comment (45 CFR § 156.111.c). Proposed changes to the benchmark plan can be found here:   Proposed benchmark plan changes

 

To submit comments on the proposed changes to the benchmark plan please email Kate Harris (Kate.Harris@state.co.us) and Leilani Russell (Leilani.Russell@state.co.us) before 5pm on Friday April 30th, 2021.

DOI Workgroup - State Benchmark Health Insurance Plan for 2023

Information on the workgroup, including meeting materials and background information, can be found by clicking the following links:

Workgroup to Review State Benchmark Health Insurance Plan                    2021 Workgroup materials

Current ACA Benchmark Plan for Colorado

ACA Benchmark Health Insurance Plan - Includes Required Benefits

The benchmark plan establishes the minimum essential health benefits for ACA health plans in Colorado. On June 30, 2015, the Division of Insurance (DOI) and the Governor's Office selected the State of Colorado Kaiser HMO Plan as the benchmark health insurance plan for health plans for 2017 and beyond.