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By the Numbers

Over 166,000 Coloradans Enroll During Open Enrollment Reinsurance Program Lowers Premium Costs Over 14,000 Additional Coloradans Enroll during COVID-19 Special Enrollment Period
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Last year, residents saw statewide full-price rates drop 20 percent on average due to the state legislature passing HB19-1168, the Reinsurance Program.

The numbers are in, and they are good! At the conclusion of our Open Enrollment Period for 2020 coverage, 166,850 Coloradans signed up for a private health insurance plan through Connect for Health Colorado®, our state’s non-profit health insurance Marketplace.

Seventy-four percent of those customers qualified for financial help to reduce the cost of their monthly premium.

The By The Numbers report confirms that Colorado’s Marketplaces is stable; and that there is continued demand for comprehensive individual market coverage.

The majority of enrollments, 80 percent, were returning consumers. New consumers comprised 20 percent of our enrollments and are an important indicator of our stability.

In 2020, the largest increases in enrollments came from rural counties.

Last year, residents saw statewide full-price rates drop 20 percent on average due to the state legislature passing HB19-1168, the Reinsurance Program.

The reinsurance program met its goal to provide the most substantial help to the costliest areas of our state.

According to the Colorado Health Institute full-price rates on the western slope, which had the highest premiums in the state, were lowered 30 percent.

Colorado 166,850 Enrollments

Dolores County 65 Enrollments

For consumers who received financial help:

Average Premium

Colorado $504.00

Dolores County $712.74

Average Tax Credit

Colorado $369.00

Dolores County $618.80

Average Net Premium

Colorado $135.00

Dolores County $ 93.94

Last year, Coloradans received $721,326,548 in federal tax credits through the Marketplace. In Dolores County, consumers received $742,981 in financial help in 2019 to offset the cost of their private health insurance.

We responded to COVID-19. To help as many people as possible protect their health and safety during the COVID-19 outbreak, Connect for Health Colorado® opened a Special Enrollment Period (SEP) from March 20 through April 30.

During that SEP, 14,263 additional Coloradans signed up for comprehensive, private health insurance.

As always, and especially during these unusual times, we know our work is not finished.

Coloradans who have had a change in job, income or other life-changing event should contact Connect for Health Colorado to find what health care coverage and financial help could be available. We have local experts across the state to help. Check us out at www.ConnectforHealthCO.com

Linda Gann is the Senior Manager, Outreach and Community Engagement for the Western Slope. About Connect for Health Colorado Connect for Health Colorado is a public, non-profit entity established by the Colorado General Assembly in 2011 to create a health insurance Marketplace. Since 2013, we’ve been helping individuals, families and small employers compare plans, apply for financial help and buy health insurance. As Colorado’s official health insurance marketplace, we are the only place to apply for financial help to lower the monthly cost of premiums. Customers can shop online; get help by phone or online chat from Customer Service Center representatives; and access expert, in-person help from a statewide network of certified Brokers and community-based Assisters.

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