DENVER — Yesterday, the Colorado Division of Insurance (DOI) released preliminary rate filings for 2022 health insurance plans, which show premium prices in the individual market (non-employer coverage) increasing an average of 1.4% statewide over 2021 premiums. Connect for Heath Colorado® Chief Executive Officer, Kevin Patterson, released the following statement in response to the preliminary data:
“I’m pleased with the stability we’re seeing in health insurance plan prices. Affordable premiums translate to more people enrolling and staying covered next year. I’m also encouraged by the trend of more companies expanding into more counties and providing folks with better choice. Making coverage accessible to people in all areas of our state, especially rural and mountain communities that haven’t had meaningful plan choices historically, is one of our priorities. We are here to help Coloradans.”
The same eight companies from 2021 are returning to offer plans for 2022. And many Connect for Health Colorado customers can expect increased plan choice when they shop for 2022 coverage. The health insurance companies’ proposed expansions for 2022 will leave only one county with a single insurance company available— down from 10 counties in 2021, and 22 counties in 2020.
Insurance companies must submit the rates that they want to charge consumers, in addition to any insurance plan changes to the DOI annually. The final, approved plans and premiums will be available mid-October.
About Connect for Health Colorado
Connect for Health Colorado is a public, non-profit entity established by the Colorado General Assembly in 2011 to create a health insurance Marketplace. Since 2013, we’ve been helping individuals, families and small employers compare plans, apply for financial help and buy health insurance. As Colorado’s official health insurance marketplace, we are the only place to apply for financial help to lower the monthly cost of premiums. Customers can shop online; get help by phone or online chat from Customer Service Center representatives; and access expert help from a statewide network of certified Brokers and community-based Assisters. For more information: ConnectforHealthCO.com
Monica Caballeros, [email protected], 720-576-7995