Rocky Mountain Voice

Tag: Michael Conway

More Than 40,000 Coloradans Impacted As Cigna Leaves Individual Market
The Denver Gazette, Approved, State

More Than 40,000 Coloradans Impacted As Cigna Leaves Individual Market

By Marianne Goodland | The Denver Gazette 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 on April 30. In Colorado, Cigna provides individual health insurance to 40,853 members, according to the the state’s insurance office. Cigna joins five other insurers that have pulled out of Colorado since 2022. That doesn’t include two insurers that announced they were withdrawing from the individual market last year but rescinded that announcement two months later. ...
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...

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