COL INS Standardized Health Benefits

Updated on: Apr 29, 2025

Latest Event


  • Apr. 2025 COL INS Rule Approval
  • On Apr. 23, 2025, COL INS issued notice of adoption of Amended regulation 4-2-81, for the required bronze, silver, and gold Standardized plans; effective Jun. 14, 2025.

On Nov. 12, COL INS proposed regulation on health benefit plans.

  • COL INS proposed amended draft regulation COL INS 4-2-81 concerning the offering of bronze, silver, and gold Colorado option standardized health benefit plans.
  • To be offered by all carriers offering plans issued/renewed on or after Jan. 1, 2026.
  • Amended coverage standards to specify diabetes supplies and disclosure requirements.
  • Proposed Amendments
  • Diabetes supplies, including glucose monitors, must be provided with no cost sharing.
  • Carriers must maintain an easy-to-understand, transparent, and searchable page on the carrier’s website titled Covered Diabetic Supplies for Colorado Option Plan.
  • Must include specific information updated for each plan year; defined requirements.
  • If carrier offers multiple plans that cover different supplies, a different list must be included for each plan and marked with name of plan that covers the supplies listed.
  • Next to each item or supply, carrier must clearly indicate whether it is covered under medical benefit, including durable medical equipment (DME), or prescription benefit.
  • Amended Appendix A actuarial value charts for gold, silver, bronze standardized plans.
  • Consultation
  • Comments on proposed draft regulation are due by 5:00PM on Nov. 19, 2024.
  • Mar. 17, 2025 COL INS Notice of Hearing
  • On Mar. 17, 2025, COL INS issued notice of virtual hearing re draft COL INS 4-2-81.
  • Hearing scheduled for April. 15, 2025, comments must be submitted by Apr. 18, 2025.
  • Mar. 25, 2025 COL INS Proposal Publication
  • On Mar. 25, 2025, COL INS published proposal in State register, hearing Apr. 15, 2025.
  • Apr. 2025 COL INS Rule Approval
  • On Apr. 23, 2025, COL INS issued notice of adoption of Amended regulation 4-2-81, for the required bronze, silver, and gold Standardized plans; effective Jun. 14, 2025.
Regulators
COL INS
Entity Types
Ins
Reference
Nt, 4/23/2025; RF 2025-00116, COL SR Vol. 48 No. 6, 3/25/2025; Nt, 3/17/2025; PR, RF, 11/12/2024; Citation: COL INS 4-2-81;
Functions
Claims/Accelerated Benefits; Compliance; Legal; Operations; Reporting
Countries
United States of America
Category
State
N/A
Products
Insurance; Insurance-Health
Rule Type
Final
Regions
Am
Rule Date
Nov 12, 2024
Effective Date
Jun 14, 2025
Rule ID
233281
Linked to
N/A
Reg. Last Update
Apr 23, 2025
Report Section
US Insurance