Tag: Insurance
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Colorado justices ponder scope of law curbing insurers’ ability to allege failure to cooperate
Members of the Colorado Supreme Court pondered a question last week that could have sweeping ramifications for those making insurance claims: When the legislature required insurance companies to take certain steps before accusing policyholders of failing to cooperate in an investigation, do those protections apply to every request an insurer might make? Leading up to…
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Colorado justices ponder whether rental car companies are also ‘insurers’
The Colorado Supreme Court considered last week whether car rental companies that offer insurance policies can also be deemed “insurers” who may be sued for their failure to pay out benefits on claims. Hertz Corp. argued it was not an insurance company based on a sequence of events in the 1990s. The Supreme Court ruled…
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Colorado: Health insurance premiums set to double in 2026
Health insurance rates for middle-income Coloradans who buy their own coverage are set to double in 2026, according to the state’s insurance division. The statewide net average premium increase will hit 101%, the Colorado Division of Insurance said on Monday, adding that likely will mean that 75,000 Coloradans won’t be able to afford health insurance…
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GUEST OPINION: Thousands of Coloradans could lose health insurance
Michael Conway As Commissioner of Colorado’s Division of Insurance, part of my job is to keep health insurance affordable for Coloradans. Today, the progress we’ve made to get more people insured at lower costs is threatened by Congressional Republican leadership’s refusal to take the simple and straightforward step to extend Enhanced Premium Tax Credits (EPTCs),…
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GUEST OPINION: Navigating Colorado’s uncertain rural healthcare road
Rural hospitals in Colorado are used to operating under a cloud of financial uncertainty, but recent policy changes could push many over the brink. The potential for higher drug costs as a result of new tariffs as well as sweeping cuts to Medicaid supplemental payments have intensified the financial strain on facilities that already operate…
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Colorado Democrats pass trio of abortion rights bills in Senate, sending them to House
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After more than 11 hours of debate on the Senate floor, three bills seeking to bolster abortion rights in Colorado cleared the chamber on Wednesday, advancing to the House for consideration. The bills would shield abortion patients and providers from interstate investigations, expand insurance coverage for abortion care, and prohibit what supporters call “deceptive” advertising…
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Bright Health Group yanks insurance services in Colorado
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Bright Health Group, Inc. announced Tuesday it will no longer offer individual or family healthcare plans in Colorado starting January 2023, according to a news release. The Minnesota-based insurer (NYSE: BHG) will also stop providing plans to Alabama, Arizona, Florida, Georgia, Nebraska, North Carolina, Texas, and Tennessee. The move could leave hundreds of Coloradoans without coverage,…
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Colorado 10th Circuit reinstates race discrimination lawsuit over ‘crazy brown man’ comment
Whether a Hispanic insurance agent in Greeley had his contract terminated because he was perceived as a “crazy brown man running around with a gun” will now be a question for a jury to decide, as the federal appeals court based in Denver has reinstated the racial discrimination lawsuit. A trial judge last year sided…
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Individual health insurance premiums expected to increase by over 11% in Colorado
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Health insurance premiums are expected to increase by over 11% in Colorado’s individual market and over 9% in the small employer market in 2023, according to the Division of Insurance. The division released the proposed premium increases Tuesday, using preliminary insurance company filings for 2023. In the individual market — health insurance plans separate from…
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Colorado bans hospitals from pursuing debt collection without price transparency
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Hospitals in Colorado will soon face a ban on pursuing debt collections against patients if they do not post their prices online – thanks to legislation signed into law by Gov. Jared Polis on Wednesday. Beginning in August, House Bill 1285 prohibits hospitals not following federal…