Health Insurance Affordability Enterprise
The Health Insurance Affordability Enterprise law is designed to address the affordability of health insurance for Coloradans purchasing coverage on the individual market and expand subsidies for those not eligible under the ACA. It establishes an enterprise to administer a health insurance affordability fee assessed on health insurers and hospitals to fund measures to reduce consumer costs for individual health coverage plans. The enterprise is governed by a 11-member board, with 9 members appointed by the Governor (with the consent of the State Senate).
Upcoming Meetings
Health Insurance Affordability Enterprise Board Meeting
We will be back in September!
Division of Insurance Stakeholder Meeting:
The Division of Insurance is holding a virtual stakeholder meeting to discuss funding strategies for the Health Insurance Affordability Enterprise (HIAE). The legislature recently passed House Bill 24-1470, which eliminated the allocation of premium tax revenues to the HIAE. For FY 2024-25 and ongoing, the Division will be holding a series of stakeholder meetings to explore funding options.
- Wednesday, July 10th, 2024 - 5:30 pm - 6:30 pm - Register Here
For interpretation requests, please email maria.rodriguez@state.co.us
Statute & Regulations
SB 20-215: Health Insurance Affordability Enterprise - signed into law on June 30, 2020
4-2-76: Concerning the Health Insurance Affordability Fee Assessment and Collection Process - effective June 15, 2021
4-2-78: Cost-Sharing Reduction Enhancements - amended regulation effective September 14, 2023
4-2-83: Concerning Health Insurance Affordability Enterprise Subsides for Qualified Individuals through Premium Wrap and Cost Sharing Reduction Enhancements on the Colorado Option Silver Plan- amended regulation effective September 14, 2023
Health Insurance Affordability Enterprise Board Members
- Rich Cimino, Consumer
- Michael Conway, Colorado Division of Insurance
- Stephanie Einfeld, Primary Care
- Rebecca Gillett, Consumer
- Shannon Groves, Health Insurance Carrier
- Rayna Hetlage, Board Chair, Advocate
- Karla Gonzales Garcia, Board Secretary, Consumer
- Kevin Patterson, Board Vice-Chair, Connect for Health Colorado
- Linda Thorpe, Hospital
- Todd Young, Business
- Saskia Young, Representative of Statewide Association of Health Benefit Plans
To apply to the Health Insurance Affordability Board go to the Application for Board / Commission for State of Colorado - select "Health Insurance Affordability Enterprise" from the drop-down menu for "Which Boards and Commissions are you interested in?"
Questions about the procurement process used for the Health Insurance Affordability Enterprise should be directed to Laura Mortimer (Laura.Mortimer@state.co.us).
Note: All solicitations with or on behalf of Health Insurance Affordability Enterprise are not subject to Colorado Procurement Code, including Article 109 (Remedies).
