Health insurance premiums to spike 10% on Colorado marketplace next year

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DENVER — Health insurance premiums from the state’s particular person marketplace will see a rise in 2023, the Colorado Division of Insurance (DOI) introduced Wednesday.

The general common shopper influence on premiums within the particular person market on Connect for Health Colorado shall be a ten.4% enhance over 2022 premiums, in accordance to the DOI.

To offset the elevated price, the state-run marketplace mentioned subsidies that patrons obtain primarily based on their revenue will enhance.

Open enrollment for particular person plans will begin Nov. 1 and run till Jan. 15, 2023.

Six corporations are returning to supply plans for 2023: Anthem, Cigna, Denver Health, Friday Health Plans, Kaiser Permanente and Rocky Mountain Health Plans. Two corporations, Oscar and Bright Health, are exiting Colorado’s market.





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