CO | The Colorado Division of Insurance today announced the adoption of two amended regulations. Click on the links below to read each regulation for additional information.
Amended Regulation 4-2-78 Concerning Cost Sharing Reduction Enhancements provides standards for including payments to carriers and aligns language and components of the Health Insurance Affordability Enterprise subsidy calculation with Colorado Regulation 4-2-83.
Amended Regulation 4-2-83 Concerning Health Insurance Affordability Enterprise Subsidies for Qualified Individuals Through Premium Wrap and Cost Sharing Reduction Enhancements on the Colorado Option Silver Plan clarifies values, from carriers’ filing documents, will be used when determining payments to carriers in rate filings for health benefit plans regulated by the Colorado Division of Insurance and guidelines for the Colorado Option Silver Enhanced Benefit Plan.
Both regulations take effect on November 14, 2022.