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Bill > HB1006

CO HB1006

CO HB1006
Improve Affordability Private Health Insurance

summary

Introduced
08/21/2025
In Committee
08/24/2025
Crossed Over
08/27/2025
Passed
08/28/2025
Dead
Signed/Enacted/Adopted
08/28/2025

Introduced Session

2025 First Special Session

Bill Summary

CONCERNING MODIFICATIONS TO THE COLORADO HEALTH INSURANCE AFFORDABILITY ENTERPRISE TO ADDRESS THE AFFORDABILITY OF HEALTH INSURANCE IN THE INDIVIDUAL MARKET USING NONAPPROPRIATED FUNDING SOURCES, AND, IN CONNECTION THEREWITH, MAKING AN APPROPRIATION.

AI Summary

This bill modifies the Colorado Health Insurance Affordability Enterprise to improve health insurance affordability in the individual market. The bill introduces an "enhanced premium tax credit" based on recent federal legislation (American Rescue Plan Act of 2021 and Inflation Reduction Act of 2022) that expanded premium tax credit eligibility and amounts. It establishes new rules for allocating revenues, including directing up to $50 million to a reinsurance program and up to $50 million to carriers to reduce costs for individual health plan purchasers who receive premium tax credits. The bill also creates a mechanism to ensure the fund receives $100 million through tax credit sale proceeds and, if necessary, transfers from the general fund, which will take effect on January 1, 2026, under specific conditions. Additionally, the legislation requires the Health Insurance Affordability Board to seek input from affected individuals, provide bilingual opportunities for feedback, and submit an annual report detailing revenue sources, program allocations, and funding breakdowns. The bill aims to enhance health insurance affordability by leveraging various funding sources and providing more transparent oversight of the enterprise's financial operations.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (52)

Kyle Brown (D)*,  Lindsay Gilchrist (D)*,  Iman Jodeh (D)*,  Julie McCluskie (D)*,  Kyle Mullica (D)*,  Dylan Roberts (D)*,  Judy Amabile (D),  Jennifer Bacon (D),  Matt Ball (D),  Shannon Bird (D),  Andrew Boesenecker (D),  Jeff Bridges (D),  Sean Camacho (D),  Chad Clifford (D),  James Coleman (D),  Lisa Cutter (D),  Lindsey Daugherty (D),  Monica Duran (D),  Cecelia Espenoza (D),  Thomas Exum (D),  Meg Froelich (D),  Lorena García (D),  Julie Gonzales (D),  Eliza Hamrick (D),  Jamie Jackson (D),  Junie Joseph (D),  Cathy Kipp (D),  Sheila Lieder (D),  Mandy Lindsay (D),  William Lindstedt (D),  Meghan Lukens (D),  Javier Mabrey (D),  Karen McCormick (D),  Dafna Michaelson Jenet (D),  Amy Paschal (D),  Jacqueline Phillips (D),  Manny Rutinel (D),  Gretchen Rydin (D),  Emily Sirota (D),  Lesley Smith (D),  Marc Snyder (D),  Katie Stewart (D),  Rebekah Stewart (D),  Tammy Story (D),  Tom Sullivan (D),  Elizabeth Velasco (D),  Katie Wallace (D),  Michael Weissman (D),  Jenny Willford (D),  Faith Winter (D),  Steven Woodrow (D),  Yara Zokaie (D), 

Last Action

Governor Signed (on 08/28/2025)

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Document Type Source Location
State Bill Page https://leg.colorado.gov/bills/hb25b-1006
Fiscal Note FN3 https://leg.colorado.gov/sites/default/files/documents/2025B/bills/fn/2025b_hb25b-1006_f1.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2025B/bills/2025b_1006_enr.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2025B/bills/2025b_1006_rer.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2025B/bills/2025b_1006_rev.pdf
Second Reading Amendment L.018 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/488E99C8972F1EA287258CEF00781DEA/HB1006_L.018.pdf
Second Reading Amendment L.022 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/C4876776990F8B7987258CF100103062/HB1006_L.022.pdf
Senate Appropriations Amendment J.003 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/D948C44E28BD567387258CF000751E80/HB1006_J.003.pdf
Senate Appropriations Amendment L.019 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/7F0675B7BDA5C48D87258CF0006DE590/HB1006_L.019.pdf
Fiscal Note FN2 https://leg.colorado.gov/sites/default/files/documents/2025B/bills/fn/2025b_hb25b-1006_r1.pdf
Fiscal Note/Analysis - Budget Staff Analysis SA2 https://leg.colorado.gov/sites/default/files/documents/2025B/bills/fn/2025b_hb1006_sen.pdf
Senate Finance Amendment L.015 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/64B37AE1B5CBC64987258CF0001D67BC/HB1006_L.015.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2025B/bills/2025b_1006_ren.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2025B/bills/2025b_1006_eng.pdf
Second Reading Amendment L.011 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/5C795F805D7C3CC487258CEE005EC980/HB1006_L.011.pdf
Second Reading Amendment L.010 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/E4E2D2FA9BF751F487258CEE005423FF/HB1006_L.010.pdf
Fiscal Note/Analysis - Budget Staff Analysis SA1 https://leg.colorado.gov/sites/default/files/documents/2025B/bills/fn/2025b_hb1006_hse.pdf
House Health & Human Services Amendment L.005 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/F118F884D667531487258CED0066618C/HB1006_L.005.pdf
House Health & Human Services Amendment L.002 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/FAC314C89F06BD9287258CED005816D2/HB1006_L.002.pdf
House Health & Human Services Amendment L.001 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/7BDCC3C96C7B050687258CED0057AA01/HB1006_L.001.pdf
House Health & Human Services Amendment L.006 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2025B/amendments/E15FF4DC57466B7D87258CED006E2FDD/HB1006_L.006.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2025B/bills/2025b_1006_01.pdf
Fiscal Note FN1 https://leg.colorado.gov/sites/default/files/documents/2025B/bills/fn/2025b_hb25b-1006_00.pdf
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