Tag: Affordable Care Act
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Cigna to pull out of individual health market, affecting thousands in Colorado
Another firm is withdrawing from the individual health insurance market, including for Colorado, effective Jan. 1, 2027. The move by Cigna Healthcare is part of the company’s overall plan to withdraw entirely from the Affordable Care Act market. It will impact individual health plans for 369,000 members in 11 states, according to a company announcement…
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ACA enrollment in Colorado sees slight dip amid rising costs
Despite handwringing over enhanced federal subsidies going away for many Coloradans enrolled in health insurance on the state’s marketplace, officials reported Friday just a 2% enrollment dip. More than 277,000 Coloradans enrolled in health insurance through the Affordable Care Act — colloquially known as “Obamacare.” The decline followed five years of consecutive growth, state officials…
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Colorado sends notices to ACA enrollees as premiums set to double
Without the enhanced federal subsidies that reduce payments when Americans buy health insurance under the Affordable Care Act, Colorado premiums are expected to double. And if not for supplemental money Colorado lawmakers approved during special session, the 101% average increase would have been 147%, said Kevin Patterson, the CEO for Connect for Health Colorado, which…
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Officials say health insurance subsidies are available to more Coloradans
Subsidies will be available to more residents in 2022, state officials said amid another push this week to get Coloradans covered through the health insurance market. Officials said individuals and families who were previously denied insurance subsidies might now be eligible – thanks to the American Rescue Plan Act. Two out of three customers who applied for but failed to get subsidies in 2021 could get the help financial aid in 2022, they said. The…