The federal government has approved the state’s request to consolidate its geographic rating areas for health insurance. These insurance regions were created as a part of the Affordable Care Act, and are used by insurance companies to set premiums.
The Colorado Division of Insurance said the U.S. Department of Health & Human Services has given approval for the state to shuffle its 11 regions for health insurance into nine next year.
The reshape will combine four rural areas into two larger ones while keeping seven established urban areas.
One of the major developments stemming from the election is that the health care law will go forward. In Colorado, up to half a million more people are expected to get health insurance. But there are still many Americans who don’t understand what it means to them. From Colorado Public News, Carol McKinley reports on what to expect.