Colorado Option

What's New?

PUBLIC HEARING DATES. Starting for plan year 2024, the Commissioner has more authority to keep plans accountable to lowering premiums on Colorado Option plans. Colorado Option plans that can't meet their premium reduction targets may be brought to a public hearing. View this webpage for more information.

Saving People Money

The Colorado Option is available to all Coloradans who buy their health insurance on the individual market (i.e. not from an employer) and small employers with less than 100 employees. Health insurance plans are required to lower premiums on Colorado Option plans by 15% by 2025. The Commissioner will enforce premium reductions through the Division's rate review and a new public hearing process. Click the button below to learn more about the public hearings.

CO Option Hearings

Upcoming Meetings

Wednesday, October 28, 3:30 PM - 5:30 PM - CO Option Advisory Board Meeting

Stakeholder Meeting Materials


Questions and comments about the Colorado Option Program can be sent to dora_ins_co_option@state.co.us  or please review our Overview Presentation & FAQ below.

Overview of CO Option

CO Option Standard Plan Overview

Frequently Asked Questions

Improving access, affordability and equity

As part of the Colorado Option, the Division has designed a Standardized Plan which allows consumers and businesses to easily compare plans and choose the plan that is right for them. These plans cover all essential health benefits required by the Affordable Care Act (ACA), provides free ($0) primary care and mental health visits, and is designed to reduce racial health disparities and improve health equity.

Click on the image to the left to learn more about these new plan options or read this report on our 2023 plans.

2023 Standardized Plan Stakeholder Meeting Materials

2023 Culturally Responsive Provider Network Meeting Materials

Colorado Option Standardized Plans are required to lower health insurance premiums for individuals, families, and small businesses by 15% by 2025. Due to the entrance of Standardized Plans in the market, the Division was able to submit a federal Section 1332 waiver. The waiver documents how the Division is able to control health care costs and support coverage by reducing health insurance premiums. Funds from the waiver will be used to support state-based subsidies for health insurance affordability and access designed by Colorado's Health Insurance Affordability Enterprise.

Amendment Application Materials

Annual 1332 Waiver Public Forum materials can be found here.

To ensure the work of the Colorado Option is transparent and informed by a variety of stakeholders, HB21-1232 requires the Governor to appoint members of the Colorado Option Advisory Board. The Advisory Board will consist of up to 11 members with varied experience in health care. 

Standardized Plan Design
Enhanced Network Adequacy Requirements
Premium Rate Reduction Requirements
Enforcement of Premium Rate Reduction Requirements

Go to the CO Option Hearings page

Draft Proposal

Stakeholder Engagement Meetings on Draft Proposal


  • November 7, 2019 - Edwards
  • October 23, 2019 - Grand Junction
  • October 22, 2019 - Hugo
  • October 12, 2019 - Durango
  • October 8, 2019 - Denver, Watch the webcast recorded presentation
  • October 8, 2019 - Pueblo
  • October 8, 2019 - Briefing for Eastern Plains Hospitals

Final Report

Information can also be referenced on Colorado's Department for Healthcare Policy and Financing: https://hcpf.colorado.gov/proposal-affordable-health-coverage-option 

State Option for Health Coverage Materials (HB19-1004)