Colo.’s canceled health insurance count tops 100K
More than 100,000 Coloradans are losing their health insurance because of the federal overhaul. That’s according to the state Division of Insurance in a count of lives on health plans canceled by 23 carriers in the wake of new requirements.
The Division announced Wednesday that 106,083 people are on plans that are getting canceled.
In some cases, the insurance plans do not include the benefits that are required by the law as of Jan. 1. In other cases, the companies don’t want to write that particular line of business any longer.
Seventy-five percent of the people on terminated plans in Colorado have coverage through two carriers, Kaiser Foundation Health Plan of Colorado and Anthem’s HMO Colorado. The carriers are offering dozens of new plans for 2014.
