RATE RELIEF IN SIGHT FOR MOUNTAIN RESORTS
Fending off a potential lawsuit from angry western Colorado residents who face the highest insurance premiums in the nation, Colorado Insurance Commissioner Marguerite Salazar announced she supports a new health insurance rating map for the state.
Colorado currently has 11 rating areas across the state: seven in metropolitan areas and another four that group rural counties together. The new plan would group all the western Colorado counties together — except for Mesa County, home to the City of Grand Junction. It would also group together all the counties on the Eastern Plains and in rural parts of southern Colorado. Under the proposed rating map Salazar estimates that costs would come down by about 4 to 8 percent in resort areas and could raise costs in other rural areas by 4 to 6 percent.
Click the following link to view the proposed rating map. If approved, the new rating area would take effect next year.