Peter Marcus, Journal Denver Bureau
News that health insurance premiums for the individual and small-group market will rise in Colorado – by more than 20 percent for individual plans – has turned political.
“Because of the lack of transparency in some insurer’s filings, it’s hard to say how or if these significant rate increases have been justified. There were several insurers that redacted critical information in their filings, making it impossible for anyone but the Division of Insurance to review them in full,” said Adam Fox, director of strategic engagement for the Colorado Consumer Health Initiative.
“We expect all insurers to step up and start doing more to manage skyrocketing costs, like proactively negotiating prescription drug and other health care costs to get the best value for consumers.”
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