Eric Galatas, Public News Service

The Colorado Division of Insurance has concluded the state should keep its nine geographical regions for determining health-insurance premiums and not move to a single-rating system.

The DOI study was commissioned by lawmakers after Western Slope residents realized they were being hit with disproportionately high costs. Adam Fox with the Colorado Consumer Health Initiative said a single rating system would only be a temporary fix.                                                   

“But if we don’t address the cost drivers – that higher cost of care and that higher utilization – premiums are still going to increase, year after year,” Fox said. “And that’s going to potentially exacerbate that problem statewide.”

Read the full article here.

Translate »