Colorado Division of Insurance warns health insurance rates could increase by 28% in 2026
Marianne Goodland marianne.goodland@coloradopolitics.com 19 hrs ago 0
Health insurance for the individual market in Colorado could increase by 28% for 2026, according to the Colorado Division of Insurance.
And the rate for the Western Slope could be even higher, averaging as much as 38%, the division said on Wednesday.
Rate filings will become public on Friday.
The division attributed the above-average increases to President Donald Trump’s federal tax bill, recently passed by Congress. "These circumstances are not unique to Colorado, and other states will likely have similar increases," the division said in a statement Wednesday.
The driver for those increases is the loss of financial assistance that helps people afford health insurance, and which also puts downward pressure on premium rates. That assistance will expire on Dec. 31, and its impact will be felt immediately by 321,000 Coloradans, the division said.
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