A Colorado plan to dramatically lower health insurance prices for some now awaits federal approval

Connect for Health ColoradoThe Colorado Sun explains how the propose State reinsurance system will work.  A Colorado plan to dramatically lower health insurance prices for some now awaits federal approval

Here are five numbers to better understand the reinsurance program, which would help people who buy health coverage on their own

The state assists insurance companies with claims that are between $30,000 and $400,000. It’s not clear how much but it must be significant or why do it?

The expected premium reduction is 16%, which is significant.

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