summary
Introduced
01/29/2018
01/29/2018
In Committee
04/11/2018
04/11/2018
Crossed Over
03/12/2018
03/12/2018
Passed
04/26/2018
04/26/2018
Dead
Signed/Enacted/Adopted
05/03/2018
05/03/2018
Introduced Session
2018 Regular Session
Bill Summary
The bill requires the commissioner of insurance to apply to the secretary of the United States department of health and human services for a 5-year waiver of the federal law restricting catastrophic health plans offered through the Colorado health benefit exchange. The waiver, if approved, would permit the offering of catastrophic health plans to any individual residing in Colorado rather than only individuals under the age of 30 or meeting a hardship requirement. If the waiver is denied, the statutory section is repealed.
AI Summary
This bill requires the Colorado insurance commissioner to apply for a 5-year federal waiver to allow insurance carriers to offer catastrophic health plans to any individual residing in Colorado, rather than only to individuals under 30 or meeting a hardship requirement. The waiver, if approved, would permit the offering of these catastrophic plans through the Colorado health benefit exchange, but they would not be eligible for advanced premium tax credits. If the waiver is denied, the statutory section is repealed.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (2)
Last Action
Governor Signed (on 05/03/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
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