Most Colorado Option health insurance plans don’t yet meet 5% cost-cut requirement

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Most Colorado Option health insurance plans don’t yet meet 5% cost-cut requirement
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Only one of the eight health insurers operating in Colorado showed they would meet the requirement to reduce monthly premiums for all customers buying the new standardized health plans known as the “Colorado Option.”

Only one of the eight health insurers operating in Colorado showed they would meet the requirement to reduce monthly premiums for all customers buying the new standardized health plans known as the “Colorado Option” — though it’s possible more will before the state signs off on their final rates next month.

The monthly premiums don’t actually have to fall by the full 5%, since there’s an allowance for inflation in the cost of health services, Fox said.

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