To: The Colorado State House
Equalize Health Insurance Rates for Coloradoans
We, the undersigned, respectfully request the Colorado House Health, Insurance and Environmental Committee to approve Colorado HB 1336 to require the Colorado Insurance Commission to study options to equalize health insurance premiums across Colorado by creating a single geographic rating area for individual policy premiums. We note this rating system is used in seven other states, the District of Columbia and several US Territories and feel it would be fair and beneficial to the people of Colorado.
Why is this important?
To equalize health insurance premiums for all Coloradoans who rely on individual policies. Currently, rates vary as much as 50%, making health insurance unaffordable for many in higher cost areas.