Rocky Mountain Voice

Tag: Insurance Premiums

Colorado Health Care Bailout Bill Could Hit Families and Small Businesses With $40 Million Fee
CBS Colorado, Approved, State

Colorado Health Care Bailout Bill Could Hit Families and Small Businesses With $40 Million Fee

By Shaun Boyd | CBS Colorado Colorado insurers say health care premiums could increase by hundreds of dollars in 2027. The warning comes as state lawmakers consider $40 million in new fees on insurers that the companies say they'll pass on to policyholders.  Democratic stet Sens. Iman Jodeh and Kyle Mullica are sponsoring a bill that would bail out the Health Insurance Affordability Enterprise, which is short $140 million. The enterprise subsidizes care for 176,000 Coloradans on Connect for Health Colorado and 6,700 undocumented immigrants on OmniSalud. That's in addition to supporting the Colorado Reinsurance Program, which helps cover high-cost claims. READ THE FULL ARTICLE AT CBS COLORADO
Colorado insurance division warns of 28% hike—Democrats blame Congress, not policy
Colorado Politics, Approved, State

Colorado insurance division warns of 28% hike—Democrats blame Congress, not policy

By Marianne Goodland | Colorado Politics Health insurance for the individual market in Colorado could increase by 28% for 2026, according to the Colorado Division of Insurance. And the rate for the Western Slope could be even higher, averaging as much as 38%, the division said on Wednesday. Rate filings will become public on Friday. The division attributed the above-average increases to President Donald Trump’s federal tax bill, recently passed by Congress. "These circumstances are not unique to Colorado, and other states will likely have similar increases," the division said in a statement Wednesday. The driver for those increases is the loss of financial assistance that helps people afford health insurance, and which also puts downward pressure on premium rates. That assis...
$440/month? Colorado homeowners crushed by soaring insurance bills
CBS Colorado, Approved, State

$440/month? Colorado homeowners crushed by soaring insurance bills

By Sarah Horbacewicz | CBS Colorado Homeowners insurance is getting more expensive, and in a high-risk state for hail and wildfires, some Coloradans are feeling the financial pinch. Rocky Mountain Insurance Association says Colorado ranks second in the nation for hail insurance claims and ranks second for the number of homes in high-risk wildfire areas. Colorado also has the sixth-highest homeowners insurance premiums.  In the 25 years she's lived in Broomfield, Melinda Endres says she's never seen a bill like this June's mortgage. "I thought it was a mistake. I thought, are you kidding?" Endres said, "We get this letter saying that it's going to increase to over $2,000 now, and that's more than $300 a month." So Melinda said she called her broker, and they told her tha...

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