Colorado group pushes back against proposed health insurance premium increases
Insurers are asking for a 27 percent average increase in the individual market
August 14, 2017
A Colorado health care advocacy group has asked state regulators to restrain proposed 2018 health insurance premium increases, saying the higher rates are not justified.
In a letter, leaders of the Colorado Consumer Health Initiative urged state Commissioner of Insurance Marguerite Salazar to push insurers to accept lower premium increases in the individual market, where people buy health insurance on their own. The group said the proposed increases — an average of 27 percent across all insurers and the entire state — are too high based on cost trends in the state. It also argued that insurers provided contradictory information in asking for the high increases.
"Such steep rate increases may mean the difference between accessing life saving health care or not," Caitlin Westerson and Terrell Blei of CCHI wrote in the letter.
The group submitted its letter earlier this month, just prior to the deadline for public comment on the increases.