As you likely have heard by now, the Colorado Division of Insurance (DOI) announced last month that all remaining health insurance plans for individuals and for small employers that do not meet the Affordable Care Act (A.C.A. i.e. “Obamacare”) requirements will not continue into 2016. This will impact nearly 200,000 people this year, mostly Coloradans.
Simply put…at “anniversary” renewal date in 2015, any group or individual enrolled on a Colorado-based health plan originally issued prior to January 2014 will not be allowed to “keep their plans.” You’ll receive plenty of notification from your insurance carrier and of course, we are here to guide you through our area of expertise and find the most competitive option moving forward. Here’s a Denver Post article on the matter. And, here’s a good FAQ and some additional information from the DOI.