HHS Approval Of ‘Colorado Option’ Health Plan Section 1332 State Innovation Waiver Amendment

Colorado's request to amend its Section 1332 State Innovation Waiver was approved on June 23, 2022, by the federal Department of Health and Human Services and the Treasury Department. This document is the approval and special terms and conditions. The approval permits the Colorado Department of Insurance to create the "Colorado Option" standardized benefit health insurance plan.

The Colorado Option is intended for state residents who enroll in health insurance plans for individuals and small employers sold through Health Insurance Marketplace. Small employers are those with less than 100 employees. New enrollees due to the waiver are expected to . . .