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Colorado May Propose New Health Insurance Zones

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(credit: cdn.colorado.gov)

(credit: cdn.colorado.gov)

DENVER (AP) – Colorado health insurance regulators may announce a new plan Friday for geographic rating zones that help determine insurance premiums.

The Colorado Division of Insurance change comes in response to complaints from four mountain counties that wound up with highest-in-the-nation premiums. The office accepted public comments through Wednesday.

Some expect the “Resort” area of Garfield, Pitkin, Eagle and Summit counties to be added to neighboring counties to smooth differences. The result could be a slight reduction in premiums for the four counties and slightly higher premiums in those neighboring counties.

If approved by federal authorities, the change would not take effect until January of next year.

LINK: Proposed Zone Revisions

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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